Tunisia's Central Bank Raises Benchmark Rate to 5.75 Pct to Ease Inflationary Pressure

Source: www.export-egypt.com 3/5/2018, Location: Africa

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Tunisia’s central bank raised its key interest rate to 5.75 percent from 5.00 percent and said the hike, which is the third in a year, aims to ease inflationary pressures.

Tunisia’s annual inflation rate rose to 6.9 percent in January, the highest level in 20 years, up from 6.4 percent in December.