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Monday 10 August 2020
Home News Tunisia: March MMR stands at 7.90% (BCT)

Tunisia: March MMR stands at 7.90% (BCT)

The monthly average Money Market Rate (MMR) in March is 7.90% compared to 7.28% in February and stagnation at the rate of 7.24% in the previous two months.

The jump in the March MMR is due in particular to the decision of the Central Bank of Tunisia (BCT) to raise its key rate by 100 basis points to 7.75% from February 27.

The MMR of March 2018 amounted to 6.04%. This strong year-on-year growth is due to the increase of the BCT key rate in March 2018 by 75 basis points and in June by 100 points.

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