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Tunisia to Raise Key Interest Rate after Dinar Slide - Central Bank Governor

Source: www.export-egypt.com 4/25/2017, Location: Africa

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Tunisia central bank has decided to raise its key interest rate for the first time in three years after the dinar currency fell to historic lows against the euro, the bank's governor said

Governor Chedli Ayari did not give the adjusted rate in the interview with state television, but the benchmark interest rate is now 4.25 percent.

He said more details would be announced He said the bankinjected $100 million into market to support the dinar, which fell to 2.53 dinars to the euro last week.

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