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flag Algerian black market for USD, EUR thrives, exacerbating economic challenges, as official and black market exchange rates diverge, depleting citizens' purchasing power.

flag The Algerian black market for foreign currencies underscores the challenges faced by the nation's economy. flag The state struggles to control demand for currencies like the US dollar and euro as trust in the Algerian dinar depreciates, leading to a growing discrepancy between the official and black market exchange rates. flag This subsequently reduces the purchasing power of everyday Algerians while the government attempts to maintain state spending, subsidies, and price controls. flag It is estimated that the black market for foreign currency in Algeria is worth around $7 billion.

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