Niger has missed a debt payment of 13.4 billion CFA francs ($22 million), bringing its total default to almost $520 million since a July coup. The country has been suspended from regional financial markets due to the debt default. In a separate incident, Tunisia's foreign currency holdings fell over 11% as an 850 million Eurobond matured, resulting in a decrease in foreign exchange reserves.
#Tunisia: Foreign exchange reserves fell by 14 days of imports to 105 or 23 TND billion on Monday, from 119 (TND 25.9 billion) on February 16, due to the repayment of a Eurobond valued at €898 million (principal and interest), said economic expert. https://t.co/fCWSAMlyeN https://t.co/HvhN2Ehd35
Tunisia’s holdings in foreign currency fell more than 11% over the weekend as an 850 million Eurobond ($915 million) matured https://t.co/LJ1zIXG7Oa
Niger defaults on debt payments again as post-coup woes pile The West African state’s total debt default since last July’s coup is now $519m. https://t.co/HMcUqWeilN
Niger’s total debt default since last July’s coup is now $519m and has seen it suspended from regional financial markets https://t.co/l6MMFU6nwd https://t.co/jijCrlnoDV
Niger misses debt payment, default up to almost $520 million https://t.co/Zm5TY5vqaZ https://t.co/Hi3Yw1SjFc
⚠️ NIGER MISSES DEBT PAYMENT, DEFAULT UP TO ALMOST $520 MILLION (Reuters) Niger last week missed a debt payment of 13.4 billion CFA francs ($22 million), the West African debt management agency said on Monday, bringing the total default to some $519 million since a July coup… https://t.co/7VdpJVcm7w