Tunisian exchange rate regime not truly floating, impacts stability and growth.
The Tunisian exchange rate regime is not truly floating as claimed, but more like a crawl-like regime according to the IMF. Data from 2010 to 2019 shows that the USD has become more important than the EUR as an anchor currency since 2017. The actual regime detected by the model differs from what the Tunisian authority says. Tests indicate that the Tunisian exchange rate regime is not stable.