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BCT : Tunisian Dinar depreciates against Dollar and appreciates against Euro
The Tunisian dinar exchange rate depreciated against the dollar, as 1 dollar was worth 2.966 dinars on March 9, 2022, compared to 2.763 dinars on the same date last year, according to statistical data released Friday by the Central Bank of Tunisia (BCT).
Abassi calls on IMF to help African countries cope with economic fallout of Ukraine war
Governor of the Central Bank of Tunisia (BCT) Marouane Abassi, called on the International Monetary Fund to provide specific mechanisms in the form of budgetary support and balance of payments assistance, in order to mitigate the impact of soaring international commodity prices (food and energy) on public finances and foreign exchange reserves in African countries, BCT said Friday.
UTICA President meets Italy’s Confindustria president, discuss economic co-operation
President of the Tunisian Confederation of Industry, Trade and Handicrafts (UTICA) Samir Majoul discussed ways to boost economic cooperation between Tunisia and Italy, as he met President of the General Confederation of Italian Industry (Confindustria) Carlo Bonomi on Friday in Rome.
Russians liquidating crypto in the UAE as they seek safe havens
Crypto firms in the United Arab Emirates (UAE) are being deluged with requests to liquidate billions of dollars of virtual currency as Russians seek a safe haven for their fortunes, company executives and financial sources said.
Biden throttles trade between the U.S. and Russia
U.S. President Joe Biden on Friday said the United States will revoke Russia's "permanent normal trade relations" status to punish Moscow over its invasion of Ukraine.