World-Beating Tunisia May Struggle to Hold 2018 Stock Gains - Bloomberg:
The best-performing stock market this year may be running on empty. Tunisia’s main benchmark has advanced 22 percent in dollar terms so far in 2018, the most among major gauges globally. This week marked a milestone when the Tunindex, as it’s known, advanced beyond 8,000 points for the first time in a rally fueled mostly by banks and exporters. Steps by the central bank to counter inflation running at a 25-year high are helping lenders preserve their profit margins, while exporters are benefiting from a plunging dinar.
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