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    • Tanzanian Shilling (TZS)

Tanzanian Shilling (TZS) Newsletter
  • Tanzanian Shilling continues with steady gains 14 Dec 2024 11:19 GMT

    … of Tanzania (BoT) quoted the shilling at … currency, which has shown resilience amid global economic fluctuations. Regionally, the Tanzanian shilling … has outperformed the Kenyan shilling, trading … As the Tanzanian shilling reaches a 10 …

  • Tanzania central bank allays fears after drop in assets 22 Dec 2024 22:58 GMT

    … revaluation losses. “The shilling has currently strengthened. For … financial instability. The shilling has continued its upward … driven by reduced foreign currency obligations. The report indicates … analytical report by the Tanzania Investment and Consultant …

  • Why shilling’s rally is set to continue 10 Dec 2024 22:20 GMT

    … The Bank of Tanzania (BoT) quoted the shilling as trading at … to initiatives such as the Tanzania Mercantile Exchange (TMX). … to use the local currency rather than foreign currencies … favourable environment for the shilling. Financial analyst Oscar Mkude …

  • Tanzania shilling note recall coming in 2025 12 Nov 2024 23:01 GMT

    … the 500-shilling note issued in 2010. “The bank of Tanzania hereby … value thereof,” states Bank of Tanzania governor Emmanuel Tutuba in a … the only legal tender in Tanzania. The Bank is therefore … and coins to meet the currency needs.” Connect with Coin World …

  • Why shilling has lost ground against regional counterparts 03 Dec 2024 00:36 GMT

    … dollar compared to the Tanzanian shilling. It means that although … Tanzanian shilling to buy goods, it helps strengthen the local currency. … about 0.7 percent. Tanzanian shilling dropped by 18 percent … bottles and flasks from Tanzania. Gold comprises more than …

  • What it means as shilling appreciates against US dollar 25 Nov 2024 22:07 GMT

    … Bank of Tanzania (BoT) shows that the local currency has … leading to a stronger Tanzanian shilling as the year progresses into … As of September 2024, Tanzania’s foreign exchange reserves stood … environment has contributed to the shilling’s recent strength. “ …

  • Why experts are upbeat on Tanzania’s prospects in 2025 01 Jan 2025 00:20 GMT

    … the recent appreciation of the Tanzanian shilling against the dollar, if maintained …

  • The worst-performing African currencies against the dollar as of December 31, 2024. 31 Dec 2024 16:18 GMT

    … highlighting the diversity in currency strength across the continent. … 63 -0.74 15 Tanzania Shilling 2,454 2,425. … , increasing pressure on the currency. Rwanda and Congo also … Liberia’s Dollar and Tanzania’s Shilling appreciated slightly, showcasing resilience …

  • Kenya to exit oil import deal with Gulf companies: "Distortions in forex market" 07 Nov 2024 06:40 GMT

    … had created distortions in the forex (FX) market and that the government … it has created in the FX market, the accompanying increase in … ease FX pressures after the shilling depreciated against the United … of 180 days, compared to Tanzania's 60 days. …

  • Tanzania's central bank reiterates move to phase out old banknotes 01 Nov 2024 17:33 GMT

    … of Tanzania on Friday reiterated its move to withdraw old Tanzanian shilling … banknotes from circulation. Ilulu Ilulu, acting director of currency management … at the Bank of Tanzania (BoT), said …

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