Reserves in Tunisia keep falling

Country battles high inflation and high deficits as it receives support from the IMF

central-bank-of-tunisia

Reserves at the Central Bank of Tunisia continue to fall and now cover 71 days of imports, according to data published by the institution on August 2.

Lower net assets in foreign currency are making it harder for the central bank to respond to the economic woes afflicting the country. The Tunisian dinar has depreciated by 9.7% against the US dollar since the beginning of 2018, reaching 2.72 today (August 3).

As a knock-on effect, imports have become more expensive and inflation has risen. The

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.