Central Banks
Tunisia Central Bank Extends Rate Pause as IMF Urges Reforms
Pedestrians pass the Tunisian central bank in Tunis, Tunisia.
Photographer: Trevor Snapp/Bloomberg
This article is for subscribers only.
Tunisia’s central bank kept its key interest rate unchanged with inflation in retreat and the government engaged in ongoing negotiations with the International Monetary Fund over a reform agenda and bailout package.
Banque Centrale de Tunisie, or BCT, kept its benchmark interest rate unchanged at 8% after a policy board meeting Friday, it said in a statement. Maintaining the key rate at its current level “should continue to support” a decline in inflation for the period ahead and bring it back to sustainable levels, it added.