HomeNewsTunisia: net foreign exchange reserves rise to 102 days of imports

Tunisia: net foreign exchange reserves rise to 102 days of imports

Net foreign exchange reserves stood at 23.2 billion dinars, the equivalent of 102 days’ imports, on Thursday, July 13, according to monetary and financial indicators published by the Central Bank of Tunisia.

However, these foreign currency reserves are still down compared with the same date in 2022, when they stood at 24.4 billion dinars (121 days of imports).

The BCT also pointed to a clear improvement by 50% in tourism revenues, to over 2.6 billion dinars by July 21, 2023. This is also the case for workers’ remittances, which rose by 4% to 4 billion dinars on the same date.

On the other hand, foreign debt services dropped by 7.3% to 4.1 billion dinars.

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