Tunisia’s central bank has decided to keep its interest rate unchanged at 8 per cent in order to continue supporting the downward trend of inflation, which is facing upward risks.

This came in a statement issued by the Central Bank of Tunisia on Wednesday evening following a meeting of its board of directors and published on its website.

The statement read: ‘In light of the continued risks to the inflation path, we have decided to keep the key interest rate unchanged at 8 per cent.

At the end of December, the Central Bank of Tunisia raised its key interest rate by 75 basis points to 8 per cent in a bid to combat rising inflation.

Tunisia’s inflation rate remains high at 6.7 per cent in August