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Tunisia: foreign exchange reserves cover 106 days of imports, their lowest level in 3 years

The decline in net foreign exchange reserves of the Central Bank of Tunisia (BCT) continues.

After briefly falling below 110 days of imports earlier this week, Tunisia’s foreign exchange stock fell on Wednesday, October 5, 2022 to 106 days of imports, its lowest level since October 31, 2019.

In value, net foreign exchange reserves with the BCT stood at 23,291 million dinars, covering 106 days of imports, compared to 131 days at the same time last year.

This decline confirms the strong pressure on the stock of foreign exchange due mainly to the persistent increase in Tunisia’s imports.

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