السياسة النقدية و تحقيق الاستقرار النقدي بالجزائر في إطار تلاحق الأزمات النفطية : دراسة تحليلية للفترة (2000-2021)‎

الملخص EN

This study aims to know the extent to which the monetary policy of the bank of Algeria is able to achieve monetary stability in the period (2000-2021), by clarifying its strategy in choosing the appropriate tools to achieve the most important targeted indicators in line with economic conditions.

the study concluded that the bank of Algeria has resorted to using quantitative tools for its monetary policy to address monetary imbalances, the most important of which is the compulsory reserve rate and the rediscount rate, as well as its introduction of new tools (liquidity recovery, interest-earning deposit facility) where the flexible use of these tools managed to contain inflationary pressures for the period (2000-2021), but its effectiveness remains weak in curbing the growth rates of the monetary mass and the stability of exchange rates, due to its association with changes in the international situation.