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Tunisia’s Central Bank to steadily weaken dinar

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Image result for Tunisia's Central Bank to steadily weaken dinarTunisia’s central bank will reduce its interventions to allow the value of the dinar find a natural level.

Finance Minister, Lamia Zribi, said the strategy is part of Tunisia’s talks on reforms with the International Monetary Fund.

Action will now be on improvement in export.

IMF is pushing Tunisia to overhaul its finances and reduce public spending.

The IMF on Monday agreed to release a delayed $320 million tranche of Tunisia’s $2.8 billion in loans.

The amount was held up by concerns over Tunisia’s lack of progress in its reforms.

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