Tunisia .. The hard currency reserves decreased to 102 days of supply

Tunisia .. The hard currency reserves decreased to 102 days of supply

According to daily cash and financial statistics released by the Tunisian Central Bank on Friday, the country’s hard currency reserves declined to 102 days’ worth of supplies, or 22. 6 billion dinars.
In order to cover 125 days of supply, the pure hard currency assets for the same period in 2021 came to around 21 billion dinars.
This loss is the result of the dinar’s exchange rate continuing to worsen versus other currencies, particularly the dollar.

The latter is currently worth 3. 317 dinars, although before the year it was only worth 2. 843 dinars (3 November 2021).
Since one euro was worth 3. 293 dinars in November 2021 but now only 3. 267 dinars, the value of the dinar increased marginally in comparison to the euro.
The Tunisian Central Bank’s data also showed an increase in total labour income, from 6. 3 billion dinars at the end of October 2021 to 7. 1 billion dinars at the end of October 2022.

The Central Bank reported an 81 percent rise in tourism revenue to $3. 4 billion dinars will be spent in the first 10 months of 2022.
On the other hand, the total foreign debt services dramatically dropped by 26%, dropping from 9. 2 billion dinars to 6 billion dinars on November 4, 2021 8,031,000,000 dinars.
Source: Watt.

. Tunisia The amount of hard cash reserves fell to 102 days’ worth of supplies.

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Economics