Tunis: The average money market rate (MMR) stabilised at 7.97% in May 2024 for the second consecutive month, up very slightly compared with March 2024 (7.96%), according to data released on Friday evening by the Central Bank of Tunisia (BCT).The MMR fell year-on-year from 8% in May 2023 to 7.97% in May 2024.After peaking at 8.05% in March 2023, the MMR took a downward trend from April 2023, from 8.01% to 8% in the period between May and September 2023 before settling at 7.99% in the last quarter of 2023.Source: Agence Tunis Afrique Presse
Related Articles
African Export-Import Bank plans to open a regional center in Tunis
The African Export-Import Bank (Afreximbank) plans to open a regional center in Tunis, said its president, Benedict Oramah, during a meeting held Tuesday, July 2, in Tunis, with Governor of the Central Bank of Tunisia (BCT) Fethi Zouhair Nouri.
«This…
President Mahama Launches Adwumawura Programme to Empower Youth Entrepreneurs
Accra: President John Dramani Mahama has officially launched the Adwumawura Programme, a bold initiative aimed at empowering young Ghanaians through entrepreneurship. The programme, spearheaded by the National Entrepreneurship and Innovation Programme (NEIP), seeks to establish 10,000 youth-led businesses each year, with a target of 40,000 enterprises over four years. According to Ghana News Agency, the […]
Government to commence work on US$450- million manganese refinery at Nsuta
Mr Samuel Abu Jinapor, the Minister of Lands and Natural Resources, says President Nana Addo Dankwa Akufo-Addo will soon cut the sod for work to soon commence on a US$ 450 million manganese refinery at Nsuta in the Tarkwa Nsuaem Municipality of the We…