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Sunday 20 June 2021
HomeNewsTunisia: decline in foreign currency assets and TD loses 10.5% against euro

Tunisia: decline in foreign currency assets and TD loses 10.5% against euro

Net foreign exchange assets fell from 14,102 MTD at the end of 2015 to 13,155 MTD at the end of October 2016. Compared to their past levels, foreign exchange reserves, expressed in MTD, continue to show a relative stabilization thanks to a favorable exchange rate effect. The persistence of pressures on foreign reserves continues to weigh on the exchange of the dinar vis-à-vis the main currencies.

On the interbank market, and since the end of December 2015, the dinar depreciated by 9.4% against the US dollar and 10.5% against the euro.

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