Tunisia’s foreign exchange reserves have been falling since the beginning of the summer. Their level has now reached its lowest since the beginning of the year.
According to the Central Bank of Tunisia (BCT), these reserves reached an amount of 11.795 billion dinars on August 1, 2017, equivalent to 94 days of imports, against 114 days as of December 31, 2016.
The reasons for this decline are known, or at least not difficult to guess. At the end of June, the deficit of the trade balance reached 7.5 billion dinars.
The value of imports reached 23.6 billion dinars on June 30 last year, against 20.3 billion dinars a year earlier.
