by Dispatch Risk Analysis | Dec 30, 2022 | Economic, Tunisia
Tunisia: Central Bank Raises Interest Rates Again as 10% Inflation Looms Summary: On 30 December 2022, the Central Bank of Tunisia (BCT) announced an increase in interest rates intended to counter inflation estimated to reach 10% in 2023. The rise in rates was the...
by Dispatch Risk Analysis | Dec 2, 2022 | Economic, Tunisia
Tunisia: Fitch Upgrades Default Rating, Warns of Inflation Summary: On Thursday, 1 December 2022, Fitch Ratings released a comprehensive report, noting an overall upgrade from CCC to CCC+ for Tunisia’s Long-Term Foreign Currency Issuer Default Rating (IDR). The...
by Dispatch Risk Analysis | Oct 6, 2022 | Economic, Tunisia
Tunisia: Central Bank Risks Rate Increases to Combat Looming Inflation Summary: On 5 October 2022, the Central Bank of Tunisia announced a 25 basis point increase in interest rates as a means to combat inflation that is exacerbating the country’s growing financial...
by Dispatch Risk Analysis | Sep 30, 2022 | Economic, Tunisia
Tunisia: Dinar Value Drops to All-Time Low Against US Dollar Summary: Central Bank data from 29 September 2022 revealed that the value of the Tunisian Dinar dropped to all-time low against the US dollar. The Dinar was trading above 3.3 dinars to the US dollar, a...