The Central Bank of Tunisia revealed on Tuesday that the country's foreign exchange reserves have increased to more than $8.4 billion.

In a statement, the bank noted that these reserves are sufficient to cover 105 days of import operations, representing an improvement attributed to increased remittances from Tunisians abroad, tourism sector revenues, and higher foreign currency earnings.

The statement also indicated that a good cereal crop season has allowed for a 20% reduction in imports of these commodities, saving over $145 million.

At the end of August, the Central Bank of Tunisia decided to maintain its key interest rate unchanged at 7.5%, while the inflation rate continues to decline but remains above 5%.