In a persistently shifting global economic context, the Central Bank of Tunisia (BCT) is playing it safe. Following its meeting to review national and international economic and financial conditions, the Executive Board announced it would keep the key interest rate unchanged at 7.00%.
Behind this apparent stability lies constant vigilance. The Board noted a resurgence of inflationary pressures originating from abroad. These price increases from international markets pose a real risk of spreading throughout the domestic price formation chain.
The BCT’s objective is to prevent these external shocks from derailing the disinflationary trend seen in recent months. “The Board reaffirms its vigilance and stands ready to adjust the instruments at its disposal in order to preserve the disinflation process,” the institution’s statement said.
By deciding to keep rates unchanged, the BCT is seeking to balance support for the national economy with the fight against rising living costs. Maintaining the rate at 7.00% reflects a commitment to stabilizing inflation at sustainable levels over the long term.
However, the message sent to the markets is one of full responsiveness. The Central Bank is not ruling out future intervention if the transmission of external price shocks were to accelerate, thereby threatening the purchasing power of Tunisians.
