The Executive Board of the Central Bank of Tunisia (BCT) decided to increase the interest rate of the bank by 25 basis points, bringing it to 3.75%.
The decision was taken Wednesday at an Executive Board meeting chaired by Governor of BCT Chedli Ayari and attended by Vice-Governor Mohamed Rekik.
The BCT said, in a statement, that its Board had taken this decision after having examined the latest developments in the national economic, monetary and financial situation in the first 7 months of 2012 and noted “continuing inflationary pressures at high levels.”
