The Executive Board of the Central Bank of Tunisia (BCT), which met on 30 October 2013, noted the slight reduction of the deficit of liquidity in October 2013, which has reduced the interventions of Central Bank on the money market to 4,392 MTD until October 29 from 4,715 MTD in the month of September.
The BCT also noted that the average interest rate on the market declined to 4.66% during the same period from 4.72%. Moreover, the growth rate of outstanding deposits with the banking system and the total volume of lending to the economy experienced a slowdown in the first nine months of the current year compared to the same period last year.
