HomeNewsTunisia: overall bank refinancing volume down 25% to TND 8.7 billion as...

Tunisia: overall bank refinancing volume down 25% to TND 8.7 billion as of February 8

The overall volume of bank refinancing from the BCT stood at 8.7 billion dinars as of February 8, 2021, down 25% compared to the same period last year.

According to monetary and financial indicators published by the Central Bank of Tunisia on Tuesday, total interbank transactions increased by 38%, on the same date, to nearly 1.3 billion dinars.

As for net foreign exchange reserves, they amounted to 22.4 billion dinars, representing 157 days of imports, against 19.8 billion dinars (114 days), during the same period of the past year.

As for the money market rate, it stood at 6.23%, against 7.85%, in early February 2020.

The average monthly money market rate (MMR) seems to resume an upward trend, since it had already risen slightly to 6.15% in January 2021, compared to December 2020 (6.12%), therefore recording the first increase since March 2020.

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