In a sudden move announced on Sunday, Algeria has dismissed its central bank governor, Salah Eddine Taleb, who had held the position since May 2022. State media reported that a presidential decree named deputy governor Mouatassem Boudiaf as the acting governor.
While no official reason was given for the dismissal, the decision comes amid recent public debate over the central bank’s management of several key issues.
These include a controversial measure restricting cash deposits and ongoing challenges related to the country’s foreign currency travel grant, which has a significant value gap between the official and parallel markets.
The abrupt leadership change has left economic experts speculating about potential shifts in Algeria’s monetary policy.
