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The Tanzanian shilling, having gained in value against the US dollar in December 2024, is now depreciating due to increased demand for dollars driven by heightened imports and reduced exports. …
Analysis of the Decline of the Tanzanian Shilling Against the US Dollar Read More
The Tanzanian shilling, which had previously gained against the US dollar, is now experiencing a decline due to increased import demand and disruptions in agriculture and tourism. The Bank of …
Understanding the Recent Depreciation of the Tanzanian Shilling Against the Dollar Read More
The Bank of Tanzania aims to bridge a 24 percent financial inclusion gap by leveraging digital financial services and boosting financial literacy. With significant growth in mobile money usage and …
Bridging the 24 Percent Financial Inclusion Gap: The Bank of Tanzania’s Vision for Inclusive Finance Read More
The Bank of Tanzania has distanced itself from fraud allegations against Leo Beneath London, a company accused of running a Ponzi scheme. Law enforcement has arrested 17 individuals tied to …
Tanzania’s Central Bank Strengthens Regulations Amid Online Lending Fraud Scandal Read More
The Tanzanian shilling has weakened against the Ugandan and Kenyan currencies despite rising exports, as transactions are predominantly in US dollars, creating higher dollar demand and diminishing local currency strength. …
Decline of the Tanzanian Shilling Against Regional Currencies Read More