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Friday 24 September 2021
HomeNewsTunisia: CenBank rises interest rate to fight inflation

Tunisia: CenBank rises interest rate to fight inflation

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.”

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