Religion in Algeria
Religion in Algeria is dominated by Muslims at about ninety-seven percent of the population. The vast majority of Muslims in Algeria adhere to Sunni Islam of Maliki school of jurisprudence. There are also almost 350,000 Christians, mostly Pentecostal Protestants. There are nearly 2,000 Jews still living in Algeria, according to the US department of State.
Economy of Algeria
Algeria's currency is the dinar (DZD). The dinar is loosely linked to the U.S. dollar in a managed float. Algeria's main export, crude oil, is priced in dollars, while most of Algeria's imports are priced in euros. Therefore, the government endeavors to manage fluctuations in the value of the dinar. As of April 2008, US$1 was equivalent to about DZD64.6.
Algeria's foreign currency reserves have grown rapidly since 2000, reflecting rising prices for exported oil. At the end of 2007, foreign reserves totaled US$99.3 billion, up from US$12 billion in 2000 and the equivalent of almost four years of imports. In 2007 the estimated inflation rate was 4.6 percent.