Tunisia 's Foreign Exchange Reserves Fall Again

  • Tunis, Republic of Tunisia
  • 31 May 2019
1

Tunisia's foreign exchange reserve recorded a new decline, according to the latest statistics issued by the Central Bank of Tunisia.

The decline was mainly due to the weakening of the dinar against the dollar and the euro, resulting in a trade deficit of more than 6.3 billion dinars, with Tunisian exports falling by 2.7 percent, according to statistics from the National Institute for Statistics on the performance of the Tunisian foreign trade during the month of April.

It is worth noting that the foreign currency reserve, which is currently equivalent to the Tunisian dinar, is allocated to 13.20 billion dinars, in order to supply fuel, grain and medicines, and to repay the foreign debts, which have been increased by the fall of the national currency.

Source: (Youm7 Newspaper Website, Edited)

Get an annual subscription in Al-Omran Al-Arabi Magazine

SUBSCRIBE NOW