{"id":468396,"date":"2020-09-22T14:51:25","date_gmt":"2020-09-22T13:51:25","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=468396"},"modified":"2020-09-22T14:51:25","modified_gmt":"2020-09-22T13:51:25","slug":"rosthom-fadhli-confirmed-governor-of-the-bank-of-algeria","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2020\/09\/22\/rosthom-fadhli-confirmed-governor-of-the-bank-of-algeria\/","title":{"rendered":"Rosthom Fadhli, confirmed Governor of the Bank of Algeria"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><div>The Central Bank of Algeria has a new governor in the person of Rosthom Fadli who will act as it. The new governor replaces Ayman Ben Abdurrahman, appointed finance minister last June during the last cabinet reshuffle.<\/div>\n<div><\/div>\n<div>The announcement was made by President Abdelmadjid Tebboune, who also ordered the opening of Algerian banks in Europe and Africa to allow expatriates to deposit, transfer funds and boost trade. Rosthom Fadli had previously held the post of Vice-Governor of the Central Bank. The new governor has spent most of his career at the Central Bank of Algeria, notably within one of the most strategic compartments.<\/div>\n<div><\/div>\n<div>This ENA graduate with an option (currency-finance) spent 30 years in the general directorate of international financial relations, before being promoted to director general of this structure from 2006 to 2017, to then become an advisor under the reign by Mohamed Loukal. He would later be appointed vice governor with the arrival of Aymen Ben Abderrahmane. Algeria has been experiencing a liquidity crisis for several weeks, prompting the central bank to take measures, including reducing the reserve requirement rate, bringing it from 6% to 3%.<\/div>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Algeria has a new governor in the person of Rosthom Fadli who will act as it. The new governor replaces Ayman Ben Abdurrahman, appointed finance minister last June during the last cabinet reshuffle. The announcement was made by President Abdelmadjid Tebboune, who also ordered the opening of Algerian banks in Europe<\/p>\n","protected":false},"author":536583,"featured_media":468397,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[16158,11996,12046,12067],"tags":[16501,16500],"class_list":["post-468396","post","type-post","status-publish","format-aside","has-post-thumbnail","category-bank","category-finance-en","category-leaders-en","category-managers-en","tag-governor-of-the-bank-of-algeria","tag-rosthom-fadhli","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Rosthom Fadhli, confirmed Governor of the Bank of Algeria - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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