Tunisian president calls on banks to reduce interest rates

TUNIS, July 31 (Reuters) - Tunisia's president on Saturday called on banks to reduce interest rates, saying the measure was needed because social and economic conditions in the country were very bad.

President Kais Saied on Sunday invoked emergency powers to seize control of government, remove the prime minister and freeze parliament in a move his foes have called a coup.

(Reporting By Tarek Amara and Omar Fahmy, Editing by William Maclean)

Copyright © Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.