The Average Money Market Rate (AMMR) stood at the same level as the policy rate and remained at 7% in October 2026, for the third consecutive month, according to data published today by the Central Bank of Tunisia (BCT).
For recall, the average money market rate (AMMR) held at 6.99% for six consecutive months before rising to 7% in September 2026.
Note that the BCT’s 50 basis point cut to its policy rate on December 30, 2025, bringing it to 7.00% as of January 7, 2026, was quickly and fully reflected in the money market rate (AMMR).
The AMMR thus started the current year at 7.08% before returning in February 2026 to 6.99% to remain stable at 6.99% for six consecutive months (from February to July).
The AMMR had reached a peak of 8.05% in March 2023, following the tightening of monetary policy undertaken by the central bank to contain inflationary pressures. Since then, the indicator has followed a downward trajectory.
