The average money market rate (MMR) recorded a slight decrease to 7.99% in October 2023, after stabilising at the 8% level for five consecutive months from May to September 2023, according to data released by the Central Bank of Tunisia (BCT) on Tuesday. Compared to the last two years, the MMR has shown a continuous growth trend, rising from 6.24% in October 2021 to 7.23% in October 2022 and currently standing at 7.99%. The peak of the MMR over the last six years was reached in March 2023, when it hit 8.05%.
Source: Agence Tunis Afrique Presse