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Monday 10 August 2020
Home News Tunisia: April's MMR falls below 7% for 1st first time since June...

Tunisia: April’s MMR falls below 7% for 1st first time since June 2018

The average monthly Money Market Rate (MMR) for April rose to 6.80% compared to 7.35% in March, 7.84% in February and 7.81% in January 2020.

It is necessary to go back to June 2018 to see the MMR below the 7% threshold.

It is important to note that the Central Bank of Tunisia had decided to lower its key interest rate by 100 basis points to 6.75% on March 17.

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