قراءة تحليلية لتطور العرض النقدي، سعر الصرف و التضخم في الجزائر خلال الفترة (1990-2016)‎

Abstract EN

The objective of this paper is to trace and analyze the development of each of the following three variables: the money supply, exchange rate and inflation in Algeria during the period (1990- 2016).

the analysis shows that money supply in Algeria has grown exponentially since the introduction of growth support programs at the beginning of the third millennium, this was followed by more deflationary policies amied at reducing the growth of the monetary mass in order to reduce inflation rates.

Algeria is also suffering from the problem of deviating its real exchange rate from its real value, while the rate of inflation fluctuated between the rise and fall during the study period and this is a result of the procedures and policies adopted by the Monetary Authority.