Algeria Discount Rate
The benchmark interest rate in Algeria was last recorded at 4 percent. Interest Rate in Algeria averaged 5.54 Percent from 1963 until 2014, reaching an all time high of 21 Percent in December of 1994 and a record low of 2.75 Percent in January of 1972. Interest Rate in Algeria is reported by the Bank of Algeria.
||1963 - 2014
The discount Rate is the rate charged by the Bank of Algeria on loans to banks and finance companies through a call for tender system.
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