Net foreign exchange reserves dropped to 93 days of import (i.e. TND 21.6 billion) on Thursday against 123 days of import (nearly TND 23 billion) on the same date in 2022.
These holdings dropped in one single day (on April 12 to 13) by TND 395 million (- 2 days of import) from TND 22 billion (95 days of import) on April 12, the Central Bank of Tunisia (French: BCT)’s monetary and financial indicators show.
This is partly due to the depreciation of the exchange rate of the Tunisian dinar against major foreign currencies.
The Tunisian dinar further lost ground to the Euro from €1= TND 3,259 on April 12 to TND 3,344 now, as well to the Dollar ($1=TND 3,062 now against TND 3,016 last year).
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