Skip to main content

Tunisia: large fall in the dinar lies in store

Tunisia’s fragile balance of payments of position has deteriorated further over the past year and the dinar appears increasingly overvalued. We think that the currency needs to fall by at least 30% against the euro to restore competitiveness. The approval of an IMF deal would pave the way for a smoother adjustment, but there is a growing threat of disorderly fall in the currency and a messy sovereign default.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services

Get access