Tunisia interest rateTunisia interest rateTunisia interest rate

Tunisia interest rate

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Key data points


Last release
Observation period
Nov 28, 2024
Next release
Forecast
Highest
8.00% on Nov 28, 2024
Lowest
3.50% on Jul 31, 2012

About Tunisia interest rate


Category
Money
Frequency
Daily
Units
%
In Tunisia, interest rates decisions are taken by The Central Bank of Tunisia (BCT) Executive Board. The Central Bank of Tunisia official interest rate is the Rate of call for tender (TAO).

Frequently Asked Questions


Tunisia interest rate is 8% at the moment.
Last month Tunisia interest rate was 8%, and the month before that it amounted to 8%.
Interest rate is the proportion of a loan that is charged as interest to the borrower, typically an annual percentage of the loan outstanding. When it comes to the national level, interest rate is a rate at which banks borrow money from a country's central bank.
Yes, negative interest rate can be used by the government as a monetary policy tool to stimulate economy growth.
Growing or falling interest rate can influence the country's economy, stimulate it or lower the inflation level. Even people can feel the effect of interest rate's movements — for example, if interest rate increases, loans get more expensive.