Battle: Dar es Salaam vs Nairobi

Battle: Dar es Salaam vs Nairobi

 
Tanzania: Shilling's 2020 Prospects 'Bright'
Facebook
Twitter
WhatsApp
Flipboard
LinkedIn
Reddit
Email
Share
7 January 2020
The Citizen (Dar es Salaam)
By Alawi Masare

Dar es Salaam — The Tanzanian shilling is likely to perform better in 2020 as economic experts and central bank officials expect the national currency to sustain the stability it had throughout last year.

The local currency - which experienced much volatility in the beginning of 2019, reaching close to Sh2,400 per dollar at the bureaux de change - is now exchanging at below Sh2,300, and has stabilised since last March.

The shilling is ranked among top ten of Africa's most stable currencies, having depreciated by just 0.01 percent in 2019,. This is according to figures tracked by Bloomberg Terminal.

Sio mimi ni Blomberg

Sent using Jamii Forums mobile app
Hv kwnn Tz isiwe na pesa yake ikaachana na hyo sh. mfano inaweza ikabadili na kuiita dafu na ikawa na alama yake mfano ile ya gamma tufike maala wa Afrika tuondokane na huu ukoloni mamboleo
 
Back
Top Bottom