Scenarios of the exchange rate management policy for the dinar from the 1985 Plaza Treaty to the recent currency war.

Abstract

Competing initiatives of global powers provide opportunities for developing countries to develop their capabilities and diversify their economies as much as they constitute a burden and threats to them. The interest rates of the Federal Reserve contributed to raising the value of the dollar index to historical levels of 163% (1985) and led to the conclusion of financial agreements between the advanced financial powers with a brutal liberal orientation and contributed to influencing the value of the Algerian dinar and its exchange rate, and the executive authorities are seeking to carry out economic reforms to avoid risks Achieving a possible optimistic scenario to avoid a repetition of historical pessimistic scenarios for the Algerian economy. The study concluded that there is negative growth that leads to the absence of social justice and causes a failure in the social protection policy due to the impact of the rising dollar index and the increasing threats and risks impeding the growth model