Tunisia: Monthly Average Money Market Rate Stands At 7. 81 Percent in December (Bct)

Tunis/Tunisia — The monthly average money market rate stood at 7.81% in December 2019 against 7. 24% in December 2018, 5.23% in 2017 and 4.26% in 2016.

It held rather steady over the last months of 2019 with rates varying from 7.80% in November to 7.83% between May and August, before dropping to 7.20% in September, figures released Thursday by the Central Bank of Tunisia (French: BCT) show.

The monthly average money market rate hit a record high in March 2019 (7.90%) after the BCT raised the key interest rate by 100 basis points to 7.75%.

More From: Tunis Afrique Presse

Don't Miss

AllAfrica publishes around 800 reports a day from more than 130 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.