Tunisia’s money market rate (TMM) stabilized at 6.99% for March 2026, following a historic drop below the 7% threshold in February.
The plateau confirms the easing trend that began early in the year, offering relative relief to businesses and households whose loans are indexed to the benchmark rate.
The stabilization directly reflects the central bank’s decision to lower its key interest rate in late 2025, a move aimed at realigning the cost of liquidity with the gradual slowdown in inflation observed over the past year.
Meeting on Monday, March 30, 2026, the Central Bank of Tunisia’s (BCT) Executive Board decided to hold the key interest rate steady at 7.00%. Despite a lull on the monetary front, the institution remains vigilant.
The decision is based on a rigorous analysis of recent macroeconomic indicators. By maintaining the rate, the BCT is seeking an equilibrium point between supporting domestic investment and preserving the value of the dinar.
In opting for stability, the central bank signals a stance of “active prudence,” reserving the right to adjust its policy tools should price pressures reemerge.
For now, this continuity is expected to provide greater visibility for local banks and investors while ensuring relative stability in the short-term cost of borrowing.
