Credit Risk Management

Currency Spotlight: Tunisia

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FT photo
Tunisia's currency, the dinar, has rebounded in the past two years after a turbulent 2018 that saw massive protests such as the one above.

Tunisia's currency gained on the dollar for the second consecutive year even as the nation's developing economy continues to struggle. 

The year 2020 saw many emerging and frontier market currencies get pummelled by the coronavirus pandemic, yet that wasn't the case for the tiny north African nation of Tunisia, which saw its currency, the dinar, rise against the dollar for a second consecutive year in a hopeful sign for a country still trying to gain its footing as a democracy.

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