According to the latest indicators of the Central Bank of Tunisia (BCT), the Bank’s net foreign currency assets dipped to 12,697 MD (i.e. 97 days of import) on September 25, 2017 against 13,052 MD (100 days on September 22, 2017.
This level remains below the expectations of the economic players in view of the huge sums invested by the Central Bank to regulate the market.
As at September 25, 2017, for example, the overall refinancing volume of the economy reached 9.555 MD against 10.164 MD at the end of July this year.
It should be recalled that net foreign exchange assets had dipped to 92 days of imports (the equivalent of 11,766 MD) on August 8, 2017, a level never reached by Tunisia for several years.
As for the banknotes and coins in circulation, they reached 11,374 MD until September 20 against 11,221 MD on August 8, 2017.
