The central bank of Tunisia maintains the key interest rate at 7.5%

Friday, Tunisia’s central bank said that it had kept its average interest rate at 7.5%. In March, it had cut it from 8% for the first time in five years because President Kais Saied put a lot of pressure on the bank.

The rate of inflation in Tunisia dropped to its lowest level in five years in April, from 5.9% in March.

This year, inflation is expected to be 6.2% on average, down from 7% in 2024.

The bank said in a statement after its board meeting that the current account deficit, a key measure of the economy, grew to 3.26 billion dinars ($1.10 billion), or 1.8% of the GDP.

It also said that as of Thursday, foreign currency stocks had dropped from 27.3 billion dinars, which was enough for 121 days of imports, to 22.7 billion dinars, which is enough for 98 days.