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Tunisia: foreign currency reserves total 127 days of imports

At its meeting on April 29, 2015 the Executive Board of the Central Bank of Tunisia (BCT) said the surplus of capital and financial transactions, recorded a significant increase to 2,853 MTD in the first quarter of 2015, from 1,599 MTD a year earlier, following the consolidation of the net surplus of borrowing and lending and other commitments and increased flows of foreign investment by 46% due, in particular, to the 24% rise in FDI flows.

Following these developments, the level of net foreign currency reserved totaled 14,609 MTD corresponding to 127 days of imports at the end of March 2015, against 13,097 MTD and 112 days at the end of 2014.

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