Algeria 's exchange reserves reached $77.78 billion late December 2006 against $56.18 billion late 2005, Bank of Algeria 's Governor Mohamed Laksaci indicated on Sunday in Algiers . Laksaci was talking during a meeting held in Bank and Algeria with CEOs of banks and financial establishments on the presentation of monetary and financial tendencies during 2006 second quarter, the Algerian news Agency (APS) said.