Central Bank Chief urges real monetary cooperation

The article discusses the call by the Governor of the Central Bank of Tunisia, Fathi Zohair Nouri, to enhance monetary cooperation as a genuine tool to strengthen economic resilience, especially in light of escalating geopolitical shocks and global challenges. He pointed out that geopolitics directly impacts balance of payments, foreign exchange reserves, and price stability, while ongoing crises continue to influence energy and food prices, thereby worsening the situation for fragile economies like Tunisia. He called for the development of joint mechanisms such as early warning systems, resilience tests, and increased use of local currency settlements to boost cooperation among central banks and achieve overall stability amid rising international tensions.

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