Tunisia: US dollar falls below TND 2.900 mark for first time since February 2022

According to daily data from the Central Bank of Tunisia (BCT) on average foreign exchange rates, the US dollar fell below the 2.900 dinar mark at the close of trading on July 1, 2025, for the first time since February 2022, and is now trading at 2.889 dinars on the interbank market.

Over the first six months of this year, the greenback has dropped by more than 10% against a basket of six major currencies, signaling a loss of confidence in its status as the dominant global currency and a safe-haven asset during periods of financial turbulence and stress. 

The turning point in its decline came after April 2, when US President Donald Trump announced the imposition of massive “reciprocal tariffs” on a wide range of countries. 

The primary concern surrounding this dollar depreciation is the risk of fueling a “currency war.”
The current turbulence around the US currency is contributing to a dual fragmentation of the global monetary system.