Central Bank of Tunisia
Encyclopedia
The Central Bank of Tunisia is the central bank
of Tunisia
. The bank is located in Tunis
and its current governor
is Mustapha Kamel Nabli
, who replaced Taoufik Baccar
on 17 January 2011.
was disconnected from the French franc
.
Central bank
A central bank, reserve bank, or monetary authority is a public institution that usually issues the currency, regulates the money supply, and controls the interest rates in a country. Central banks often also oversee the commercial banking system of their respective countries...
of Tunisia
Tunisia
Tunisia , officially the Tunisian RepublicThe long name of Tunisia in other languages used in the country is: , is the northernmost country in Africa. It is a Maghreb country and is bordered by Algeria to the west, Libya to the southeast, and the Mediterranean Sea to the north and east. Its area...
. The bank is located in Tunis
Tunis
Tunis is the capital of both the Tunisian Republic and the Tunis Governorate. It is Tunisia's largest city, with a population of 728,453 as of 2004; the greater metropolitan area holds some 2,412,500 inhabitants....
and its current governor
Governor
A governor is a governing official, usually the executive of a non-sovereign level of government, ranking under the head of state...
is Mustapha Kamel Nabli
Mustapha Kamel Nabli
Mustapha Kamel Nabli is a Tunisian economist. He has served as Governor of the Central Bank of Tunisia since the revolution of 2011.-Reference:...
, who replaced Taoufik Baccar
Taoufik Baccar
Taoufik Baccar is a Tunisian politician. He is the former Governor of the Central Bank of Tunisia.-Biography:In 1995, Taoufik Baccar was appointed Tunisia's Minister of Economic Development,becoming Finance Minister in 1999....
on 17 January 2011.
History
Tunisia gained independence in 1956. The Central Bank of Tunisia was formed two years later in 1958. In December 1958 the newly created Tunisian dinarTunisian dinar
The dinar is the currency of Tunisia. It is subdivided into 1000 milim or millimes . The abbreviation DT is often used in Tunisia, although writing "dinar" after the amount is also acceptable ; the abbreviation TD is also mentioned in a few places, but is less frequently used, given the common use...
was disconnected from the French franc
French franc
The franc was a currency of France. Along with the Spanish peseta, it was also a de facto currency used in Andorra . Between 1360 and 1641, it was the name of coins worth 1 livre tournois and it remained in common parlance as a term for this amount of money...
.
Governors
- 1958-1970 : Hédi Nouira
- 1970-1972 : Ali ZouaouiAli ZouaouiAli Zouaoui was a Tunisian economist and politician. He was a member of an old family which hailed from Hajeb El Ayoun, and studied law and economics in France. He served as administrator of the Central Bank of Tunisia from 1970 to 1972; in the latter year he was killed in a traffic accident...
- 1972-1980 : Mohamed Ghenima
- 1980-1986 : Moncef Belkhodja
- 1986-1987 : Mohamed Skhiri
- 1987-1990 : Ismail Khelil
- 1990-2001 : Mohamed El Béji Hamda
- 2001-2004 : Mohamed Daouas
- 2004-2011 : Taoufik BaccarTaoufik BaccarTaoufik Baccar is a Tunisian politician. He is the former Governor of the Central Bank of Tunisia.-Biography:In 1995, Taoufik Baccar was appointed Tunisia's Minister of Economic Development,becoming Finance Minister in 1999....
- 2011- : Mustapha Kamel NabliMustapha Kamel NabliMustapha Kamel Nabli is a Tunisian economist. He has served as Governor of the Central Bank of Tunisia since the revolution of 2011.-Reference:...
See also
- Central banks and currencies of AfricaCentral banks and currencies of AfricaThere are two African currency unions associated with multinational central banks; the West African Banque Centrale des Etats de l'Afrique de l'Ouest and the Central African Banque des Etats de l'Afrique Centrale...
- Economy of TunisiaEconomy of TunisiaTunisia is in the process of economic reform and liberalization after decades of heavy state direction and participation in the economy. Prudent economic and fiscal planning have resulted in moderate but sustained growth for over a decade. Tunisia's economic growth historically has depended on oil,...
- List of central banks
- Tunisian dinarTunisian dinarThe dinar is the currency of Tunisia. It is subdivided into 1000 milim or millimes . The abbreviation DT is often used in Tunisia, although writing "dinar" after the amount is also acceptable ; the abbreviation TD is also mentioned in a few places, but is less frequently used, given the common use...
, the currencyCurrencyIn economics, currency refers to a generally accepted medium of exchange. These are usually the coins and banknotes of a particular government, which comprise the physical aspects of a nation's money supply...