Exchange Rate in Tunisia
Tunisia - Exchange RateThe economy will have deteriorated even further in the second quarter, after GDP contracted in the first quarter as containment measures impaired domestic production and stemmed the flow of tourist arrivals. The external sector suffered heavily in April–May as exports plummeted and tourism fell sharply as borders remained shut. As such, the unemployment rate is set to spike, with large numbers of private-sector workers taking unpaid leave during May. Moving into the third quarter, a reopening of borders in late June, the continued easing of lockdown restrictions and the approval on 15 June of USD 175 million in budgetary support from the World Bank bode well for both domestic demand and a return of much-needed tourist revenues. Meanwhile, political tensions are resurfacing with recently-installed Prime Minister Fakhfakh facing calls for his resignation over corruption allegations, signaling a potential return of the instability seen at the beginning of the year.
Tunisia - Exchange Rate Data
|Exchange Rate (vs USD)||2.04||2.30||2.46||2.99||2.79|
5 years of economic forecasts for more than 30 economic indicators.
Tunisia Exchange Rate Chart
Source: Thomson Reuters.
|Bond Yield||7.45||0.0 %||Sep 15|
|Exchange Rate||2.78||-0.27 %||Jan 01|
|Stock Market||0.2||0.05 %||Jan 07|
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