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    Tuesday, June 9
    Inside Africa

    Tunisia’s Central Bank Keeps Key Interest Rate at 7.5%

    Olu AnisereBy No Comments1 Min Read
    Tunisia's Central Bank Keeps Key Interest Rate at 7.5%

    Tunisia’s Central Bank Keeps Key Interest Rate at 7.5%

    Tunisia’s central bank said on Friday it has kept its benchmark interest rate unchanged at 7.5%, after cutting it from 8% in March for the first time in five years amid intense pressure from President Kais Saied.

    Tunisia’s inflation rate fell to 5.9% in March and then to 5.6% in April, reaching its lowest level in five years. The government projects inflation will average 6.2% this year, down from 7% in 2024.

    The current account deficit, a key economic indicator, widened to 3.26 billion dinars ($1.10 billion) at 1.8%, the bank said in a statement following its board meeting.

    It added that foreign currency reserves had fallen to 22.7 billion dinars, or enough for 98 days’ worth of imports, as of Thursday, compared with 27.3 billion dinars, or 121 days, at the end of 2024. #Tunisia’s Central Bank Keeps Key Interest Rate at 7.5%#

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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

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