Tunisia: foreign currency reserves cover only 90 days of import

The decline in Tunisia’s net foreign currency assets continues. Their level reached on 11.538 billion dinars or 90 days of imports on Monday August 14, against 13,123 billion or 120 days of imports on the same date in 2016.

The monetary indicators are there to testify to the fragility of the economic situation.

The erosion of reserves may exacerbate the pressure on the dinar exchange rate and make its management more and more complicated.

African Manager

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