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Monday 21 June 2021
HomeNewsTunisia: MMR rises again to 6.15% after five consecutive months of decline

Tunisia: MMR rises again to 6.15% after five consecutive months of decline

The average Money Market Rate (MMR) edged up slightly in January to 6.15%, after five consecutive months of decreases.

This average rate has been on a downward trend since March 2020 (7.35%), following the decision taken by the BCT Executive Board on March 16 to lower the key interest rate by 100 basis points from 7.75% to 6.75%.

The average monthly money market rate hit its highest levels in 2019, reaching 7.90% in March and did not fall below 7.81% for most of 2019.

The BCT Executive Board had met on December 30, 2020 and decided to keep the issuing institution’s key interest rate unchanged at 6.25%.

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