Foreign exchange reserves rise by TND 1.4 billion (BCT)

Tunis: Foreign exchange reserves grew by TND 1.4 billion, amounting to TND 24.3 billion at the end of this week compared to the same period last year, BCT figures show, that is the equivalent of 111 days of imports.An extra TND 161.9 9 million secured one additional day of imports.Tourist receipts - one source of foreign currency reserves - rose by TND 250.7 million to TND 2.8 billion, according to June 30 figures.Tunisian expat remittances helped inject about TND 3.6 billion at the end of June, growing by TND 270.7 million in comparison with the same period last year.Source: Agence Tunis Afrique Presse