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Tunisia: BCT would increase interest rate by 25 bp in 2017 - African Manager (press release) (registration) (blog)

In order to mitigate inflationary pressures and limit the depreciation of the Tunisian dinar, the Central Bank of Tunisia (BCT) would start raising interest rates by 25 basis points throughout 2017. Higher interest rates will have minimal impact on ... Leggi

14 Egyptian fishermen detained in Tunisia returning home - Ahram Online

The two remaining crewmen will stay in Tunisia to appeal a 150,000 Tunisian Dinar (EGP 1.2 million) fine imposed on them by the reconciliation committee formed to resolve the issue. The fishermen argue that the fine is too high. Prior to their release ... Leggi

Troubled Times for African and Arab Students in Tunisia - Al-Fanar Media

They pay an average of 5,000 Tunisian dinars ($2,500) per year in registration fees and tuition at private Tunisian universities, a great deal of money for students coming from poor African countries. They also face difficulties renting private ... Leggi

FCC losses widen on cement business writedown - World Cement

CPV announced losses of €225 million in 2016, almost quadruple the €62 million the cement maker lost in 2015. The company blamed changes in Spain's recovery forecasts, fuel price increases and a strong depreciation of the Tunisian dinar. FCC currently ... Leggi

UPDATE 1-Tunisia's dinar hits record lows over tourism, economic data - Reuters

TUNIS, June 16 Tunisia's dinar currency has fallen to record lows versus the euro and the U.S. dollar this week as weaker exports, lower investment and a plunge in tourism revenues have eroded the country's foreign reserves. The dinar traded at 2.47 ...altro » Leggi

Tunisia: dinar continues to fall against dollar - African Manager (press release) (registration) (blog)

The Tunisian dinar ended the week before with a collapse against the US dollar, reaching 2.1650 TD, in a market dominated by strong demand from large public operators by paying their energy bills. Moreover, the euro was traded at 2.4350 TD, Tustex.com ... Leggi

Tunisia-TD depreciation: we let it go because we cannot afford to intervene,” says BCT - African Manager (press release) (registration) (blog)

During the first quarter alone of 2016, the Tunisian dinar depreciated 3.3% against the euro and appreciated slightly against the dollar (0.7%). On June 1, 2016, the US dollar was traded at 2.1161 TD, its highest level ever. This depreciation does not ... Leggi

“Drowning in External Debt.” Tunisia's Economy Shows the Strain - Tunisia Live

The country's external debts currently amount to 27 billion dollars, the equivalent of around 50 billion Tunisian dinars. More recently, the European Union agreed to a further loan of 500 million Euros to help the country meet payments on its existing ... Leggi

Tunisia faces economic battle as Isis terror drives tourists away - Financial Times

Those declines helped stifle economic growth pushing it to less than 1 per cent and added to pressures on the Tunisian dinar, which hit record lows against the US dollar in July. “The tourism sector and travel agencies have been in crisis since the ... Leggi

EXCLUSIVE: Brother reveals 'violent, drug-crazed' ISIS 'soldier' Mohamed Lahouaiej Bouhlel smuggled £84000 to his ... - Daily Mail

ISIS killer Mohamed Lahouaiej Bouhlel sent his family £84,000 just days before his Bastille Day atrocity, his brother told MailOnline. The Islamic fanatic persuaded friends to smuggle the bundles of cash back to his family in their hometown of Msaken ... Leggi