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HomeNewsTunisia: MMR reaches its highest level since 1996 at 8.02% in February

Tunisia: MMR reaches its highest level since 1996 at 8.02% in February

The average Money Market Rate (MMR) for the month of February was 8.02%, compared to 7.96% in January. This is the highest level since November 1996.

At the same time in previous years, the MMR was around 6.25% in February 2022 and 6.23% in February 2021.

It should be noted that the Executive Board of the Central Bank of Tunisia (BCT) decided to increase the bank’s key interest rate by 75 basis points to 8% at its meeting on December 30, 2022.

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