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Business

Tunisia central bank holds key interest rate at 6.75 pct

TUNIS: Tunisia's central bank kept its key interest rate unchanged at 6.75 percent on Tuesday.

Inflation stayed at 7.

December 11, 2018

TUNIS: Tunisia's central bank kept its key interest rate unchanged at 6.75 percent on Tuesday.

Inflation stayed at 7.4 percent in November, its third month in a row at that figure, official data showed. It fell from 7.5 percent in August and 7.8 percent in June.

In May, the central bank raised its key interest rate by 100 basis points to 6.75 percent in a bid to tackle inflation - at the time the second hike in three months.

Copyright Reuters, 2018