Tunisia keeps rates unchanged on stable inflation
External imbalances remain the main challenge for the North African economy
The board of directors of the Central Bank of Tunisia left interest rates unchanged after its last policy meeting on December 10, as inflation proved stable.
Interest rates have remained at 6.75% since June. The central bank has increased the key policy rate by 175 basis points in 2018 in a bid to tackle inflation, falling reserves and the depreciation of the dinar.
Prices rose year-on-year by 7.4% in November and inflation has been recorded at that level for three consecutive months. However
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