US dollar rise impacts Tunisian economy

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Tunisia’s dinar currency has fallen to record lows versus the dollar, driven down by high inflation, a worsening trade deficit, and the severe impact of the Ukraine crisis on public finances. The weakened dinar may boost smaller exporters by making their products cheaper abroad, but could also make debt servicing more expensive and further erodes the purchasing power of ordinary Tunisians.







Category
Tunisia
Tags
Africa, News, tunisia, economy
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