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Tunisia: BCT keeps key interest rate unchanged.

Summary: During its monthly meeting held on 27 January 2016, the Executive Board of the Central Bank of Tunisia (BCGT) considered the main trends in the international economic situation and went

During its monthly meeting held on 27 January 2016, the Executive Board of the Central Bank of Tunisia (BCGT) considered the main trends in the international economic situation and went through the main economic, monetary and financial indicators as well as recent trends in the national economy.

The Board reviewed also the evolution of the banking sector activity as well as transactions and interventions of the Central Bank of Tunisia on the money market and on the foreign exchange market.

Furthermore, the Board discussed a number of issues related to the Central Bank activity, of which notably new measures set out to deepen the domestic exchange market and develop the instrument of management of foreign exchange and interest rate risks.

The Board examined also the procedures to be implemented with respect to banking supervision reinforcement in considering progress of public banks restructuring program.

After deliberations, the Board decided to keep unchanged the key interest rate of the Central Bank of Tunisia.

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Publication:African Manager
Date:Jan 29, 2016
Words:206
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