UNE (RE) CLASSIFICATION DU RÉGIME DE CHANGE EN ALGÉRIE QUE DISENT LES DONNÉES DU MARCHÉ PARALLÈLE DES CHANGES ?

Abstract

     Algeria has always experienced, since its independence and even before, a parallel exchange market where the exchange rate exceeds the official one. This duality of the exchange market influences not only the behavior of both private and public agents, but also may alter the classification of the exchange rate regime.

     We have preceded in this paper to the (re)classification of the Algerian exchange rate regime%2