36 C
Tunisia
Thursday 16 July 2020
Home News Tunisia: Forex reserves down to 131 days of import after repayment of...

Tunisia: Forex reserves down to 131 days of import after repayment of bond issue

Tunisia’s foreign exchange reserves fell to 131 days of imports, against 139 days of imports, due to the repayment of a bond issue raised on the international market.

The current level of foreign exchange reserves, compared to its level in 2019 (at the same date), is 54 days higher, i.e. 77 days, the BCT said in a statement Friday.

This decrease is due to the repayment on June 19, 2020 of a bond issue of €418 million (1.33 billion Tunisian dinars) relating to the principal and interests of the €400 million bond issued on the international market in 2005, the Central Bank said in its statement.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

MOST POPULAR

HOT NEWS