HomeNewsTunisia: foreign exchange offices bought TND 1.4 billion worth of currency at...

Tunisia: foreign exchange offices bought TND 1.4 billion worth of currency at end 2020

Independent foreign exchange offices have purchased 1.4 billion dinars worth of foreign currency at the end of last year and this since the start of the activity of these offices in March 2019, according to data from the Central Bank of Tunisia (BCT).

The number of foreign exchange offices approved by the Central Bank has, so far, reached 211, of which 186 have started their activity and are distributed in 19 governorates.

Most of these offices entered into real activity in 2020 (113 offices), 57 in 2019 and 4 offices from 2021.

The Greater Tunis area takes the largest share of these offices, with more than 50 exchange offices, followed by the Sousse, Monastir and Sfax regions (35 offices) and the South (26 offices).

These offices fit into a logic of anti-money laundering and are open 24/24, essentially, for Algerian and Libyan tourists as well as Tunisians Residing Abroad.

It is indeed a simple and secure way for them but also and especially a way for the BCT to monitor these operations.

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