HansMaja
Senior Member
- Nov 9, 2010
- 102
- 114
THE Bank of Tanzania (BoT) has said that the current depreciation of the shilling is a result of a strong US dollar at international level. However, the central bank says that it has no plans at the moment to intervene.....The BoT's Governor Prof Benno Ndulu said the shilling depreciation should not always be looked at with a 'bad eye" as it helps the country to export more.
Here there is a problem - we have to understand our currency depreciation is directly propotional to Inflation....Maisha yatakuwa juu mpaka..
Here there is a problem - we have to understand our currency depreciation is directly propotional to Inflation....Maisha yatakuwa juu mpaka..