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Why shilling is resilient despite election jitters
05 Sep 2025 08:51 GMT
Dar es Salaam. The Tanzanian shilling has historically weakened in … looks strikingly different as Tanzania heads towards the 2025 … Emmanuel Tutuba said the currency’s resilience reflects a … 19 halted tourism and suppressed forex inflows. Today, high gold …
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Tanzanian shilling rallies against Kenyan shilling, US dollar
29 Aug 2025 06:02 GMT
… the Bank of Tanzania.
Kenyan shilling versus Tanzanian shilling
The Tanzanian shilling has been relatively … , the Tanzanian shilling swung from the worst-performing currency to one … He attributed the shilling’s resilience to stronger forex reserves, which …
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Major winners as shilling rallies against dollar
26 Aug 2025 08:36 GMT
… steady appreciation of the Tanzanian shilling. This appreciation has … prices.
The local currency has made significant gains … to the stronger shilling.
“The Tanzanian shilling has appreciated by … Bank of Tanzania (BoT) has attributed the currency’s resilience …
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How Kenyan shilling is performing against Tanzanian shilling, other EAC...
29 Jun 2025 17:54 GMT
… shilling strengthened marginally against the Tanzanian shilling during the period under review … currency strengthened marginally against the Tanzanian shilling (TSh), rising from TSh 20 …
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Tanzanian shilling strengthens to become world’s top-performing currency
12 Jun 2025 08:26 GMT
… the Tanzanian shilling is … the retail FX market turnover has … 𝐟𝐚𝐜𝐭𝐨𝐫𝐬 𝐚𝐫𝐞 𝐛𝐞𝐡𝐢𝐧𝐝 𝐭𝐡𝐢𝐬 𝐢𝐦𝐩𝐫𝐞𝐬𝐬𝐢𝐯𝐞 𝐩𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐬𝐡𝐢𝐥𝐥𝐢𝐧𝐠?
A. Tanzania's strong macroeconomic fundamentals … to an excess of foreign currency.
𝐐. 𝐆𝐨𝐢𝐧𝐠 𝐟𝐨𝐫𝐰𝐚𝐫𝐝, 𝐰𝐡𝐚𝐭 𝐢𝐬 𝐭𝐡𝐞 𝐨𝐮𝐭𝐥𝐨𝐨𝐤 𝐟𝐨𝐫 …
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Gold, tourism and cash crop exports drive Tanzania growth
18 Jul 2025 09:27 GMT
… shows.
The Bank of Tanzania (BoT) Monetary Policy Report … of Tanzania Act, which bans the use of foreign currency … also significantly increased foreign currency flows through formal channels. … campaign to use the Tanzanian shilling for local transactions is …
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Tourism overtakes gold as Tanzania’s top foreign exchange earner
11 Jul 2025 02:47 GMT
… officially surpassed gold as Tanzania’s leading foreign exchange … stability of the national currency amid heightened foreign exchange … on the country’s forex reserves. But as tour … BoT maintained that the Tanzanian shilling remains the sole legal tender …
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Tanzania bans use of foreign currency in local transactions
05 May 2025 12:56 GMT
… reinforcing the use of the Tanzanian shilling.
In a statement issued … Tutuba, the Bank of Tanzania (BoT) said the directive … demand payment in any foreign currency for local transactions.
However, … be conducted in foreign currency, as specified under the …
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Tanzania defends 107.7tri/- debt as a global economic challenge
04 Jul 2025 13:46 GMT
DAR ES SALAAM: TANZANIA’s national debt has increased … by the depreciation of the Tanzanian shilling against the US dollar. In … . As a result of this currency shift, the value of the …
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COLUMN: THE CLIFF. Bank of Tanzania: An 88.8pc CBR hold
01 Jul 2025 11:21 GMT
… at prevailing rates. The Tanzanian shilling did experience mild depreciation … hold are significant for Tanzania’s financial system. For … on external views of Tanzania’s inflation framework, … still positive, which supports currency value and market participation …