vizuriSesame, Tobacco Inflow Stabilises Shilling
16 JULY 2020
Tanzania Daily News (Dar es Salaam)
THE Tanzania shilling almost maintained its position in the last two weeks, thanks to the inflows from sesame and tobacco.
The shilling, according to the central bank (BoT), appreciated by ten cents to 2,308/86 yesterday from 2,300/96 at the beginning of the month.
NMB Bank, one of the largest lenders in the land, said sesame and tobacco boosted the market but projected the shilling to strengthen further once cotton inflows start to flow.
"We expect cotton inflows to be observed in the market soon [as the season starts this month].
"This will boost the US dollar supply and hence cater for the daily demand from corporates and retailers," NMB said in its daily e-market report.
Orbit Securities said until last Thursday the shilling marginally gained 6 pips week on week to a weighted average exchange rate of 2,309/03 per US dollar.
"The amount traded on the Interbank Foreign Exchange Market (IFEM) went down by 11 per cent to a total of 6.94million US dollars for the three days during the week.
"The amount is lesser compared to the previous week due to fewer trading sessions during the week under review as a result of the Sabasaba Holiday," Orbit said.
Last week, traders projected that Kenya shilling will come under pressure over this week, while Tanzania's will likely hold firm.
Uganda's shilling was seen strengthening, Zambia's kwacha holding ground and Nigeria's naira weakening.
Sesame, tobacco inflow stabilises shilling
Lete mtaa ambao unaweza ushindanisha na upper hill bongo[emoji23][emoji23]Nakuambia ukweli huwa mnafananisha Upoer Hill na meneo flan South Africa kama Sandton. Duh. Kuwa na Britam, Prism na UAP hapafanyi pashinde Sandton.
Angalia hii chaos kwenye Overrated Upper Hill. Halafu kuna Mwaka Mr Wanjala alisema Nyaya Zote hizo zitakua Underground wakati Britam Bado ipo kwenye Finishing touch. Miaka imeenda hilo li nguzo bado lipo hapo hapo kama utando wa Buibui.[emoji23]
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Hyo video imepenya sana[emoji23][emoji23][emoji23][emoji23][emoji23][emoji23] Utafikiri mnatumia Trolley Car na hizi nyaya. Hi ndio barabara ya mbele ya The Tallest tower . Overrated.
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Uchawi utakuaa[emoji23][emoji23]Kenya kuna slums mpk Ikulu unashangaa Upper hili[emoji3][emoji3]
Lol....Hollywood?? This is a Netflix show called Sense 8. I watched it back in 2018 and if anyone wants to know how nairobi actually looks like in real life, without makeup....I highly recommend this show. All the other settings (Chicago, London, San Francisco, Mumbai, Mexico City, Berlin, and Seoul) were not selected to showcase slum life therefore, they decided to film in a place where there is a big ass slum which is Kibera. It’s a nice show though.Hollywood in Kenya by Kenyans
😅😅😅 Muddy roads potholes everywhere, rotten buildings truly Nairobi without makeups look horribleHollywood in Kenya by Kenyans
Same remarks from different sources 😂😂😂 me too got astonished na horrible Nairobi without mapouda 😅😅Lol....Hollywood?? This is a Netflix show called Sense 8. I watched it back in 2018 and if anyone wants to know how nairobi actually looks like in real life, without makeup....I highly recommend this show. All the other settings (Chicago, London, San Francisco, Mumbai, Berlin, and Seoul) were not selected to showcase slum life therefore, they decided to film in a place where there is a big ass slum which is Kibera. It’s a nice show though.
nadhani kashajionea ,,,,,,,,na kaumbuka mkuuAngalia Hii Video mwishoni mwishoni hiyo ndio Kariakoo linganisha na chaos huko kwenu .
Hahahahaha unawajulia saanaumekasirika au ???[emoji23][emoji23][emoji23]
[emoji23][emoji23][emoji23][emoji1787][emoji1787][emoji1787] unamdangany nani ? Ww upperhill ni slum tena hapoo kwailo jengo ...wadangany wajinga[emoji23][emoji23][emoji23][emoji1787][emoji1787][emoji1787][emoji382][emoji382][emoji382]Bwahaha!!ugua pole pole tuView attachment 1517509View attachment 1517510
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Kumbe umemletea video kabisa safiii sana mkuu....[emoji23][emoji23][emoji23][emoji1787][emoji1787][emoji1787]pimbi uyuHayo mabanda yapo nyuma ya BRITAM. Angalia Video hii ya Sept Mwaka jana. Prove hilo eneo limebadilika[emoji23].
Akirud nite...[emoji23][emoji23][emoji23][emoji1787][emoji1787]Angalia Hii Video mwishoni mwishoni hiyo ndio Kariakoo linganisha na chaos huko kwenu .
Kwel imepenya ....hahah slumHyo video imepenya sana[emoji23][emoji23]
Bongo nzima hakuna
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