A short distance from the headquarters of the Bank of Algeria, is located the largest parallel market of the currency, the square port Said. “Forex dealers” offer foreign exchange for sale and purchase under the indifferent eye of the security services. Who feeds this market? The expert Ferhat Ali Ait has his little idea.
Speaking on the radio Radio M, economist Ferhat Ait Ali said with certainty that “the purse of the square is fed by the central bank and no one can pretend otherwise. ”
To support his thesis, the expert refers to the refusal of the government to open exchange offices. “99% of Algerians are entitled to 100 euros of tourist allowance. To obtain more, they are directed towards the stock market square controlled by 1% of Algerians who are entitled to billions, “he says.
For him, the establishment of this parallel market of the currency just meters from the headquarters of the former central bank “is not a coincidence.
“Everything is planned, the square is not powered by the Holy Spirit, but by the Bank of Algeria which continues to pluck Algerians. “
