HomeNewsTunisia: foreign currency reserves fall to 94 days of imports

Tunisia: foreign currency reserves fall to 94 days of imports

Tunisia’s Foreign exchange reserves of totaled only 94 days of imports below the level that the Central Bank considers appropriate, due to a drop in foreign investment and tourism receipts.

Meeting Wednesday, June 25, 2014, the Executive Board of the Central Bank of Tunisia noted the continuing pressures on the level of net foreign assets which declined to 10,555 MTD or the equivalent of 94 days of imports in June 24, against 106 days at the end of 2013.

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