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Tunisian central bank raises key interest rate to 6.75 percent
(MENAFN) The Central Bank of Tunisia (BCT) was revealed to have increased its key interest rate by 100 basis points to 6.75 percent amid efforts to resist major rise in inflation.
BCT has raised concerns over the boost in oil prices within the international market along with the rising inflation of key economic partners of Tunisia and the increase of salaries without progress in productivity.
The commercial deficit was also said to have hit an unacceptable while domestic consumption surges.
The central bank also reached a decision to create a new opportunity to refund bank interests by offering six-month facilitation allocated for refunding investment loans in new projects.
BCT has raised concerns over the boost in oil prices within the international market along with the rising inflation of key economic partners of Tunisia and the increase of salaries without progress in productivity.
The commercial deficit was also said to have hit an unacceptable while domestic consumption surges.
The central bank also reached a decision to create a new opportunity to refund bank interests by offering six-month facilitation allocated for refunding investment loans in new projects.
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