Algeria President Sacks Central Bank Chief

May 25, 2022 · 39s
Algeria President Sacks Central Bank Chief
Description

Algerian President Abdelmadjid Tebboune sacked central bank chief Rostom Fadli, in office for less than two years without giving any further explanation. Tebboune appointed Mr Salah Eddine Taleb to replace...

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Algerian President Abdelmadjid Tebboune sacked central bank chief Rostom Fadli, in office for less than two years without giving any further explanation.
Tebboune appointed Mr Salah Eddine Taleb to replace him.
Algeria is a rentier economy dependent on oil exports for 90 per cent of its foreign income, and therefore vulnerable to price movements.
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Author Africa Business Radio
Organization Africa Business Radio
Website -
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