Tanzania: Shilling Loses Ground Against Dollar

nngu007 said:
Why always TZ Shs get devalued? Malawi Kwacha is 2kwacha per 1US dollars and they are poor than Tanzania?

Ghana cedi 2 Us Dollars 1 that's the exchange rate for years

Kenya Shillings 18-20 1 Dollars - it has been at that range for years

why it is always ours going up and up? and we have all kind of Minerals? and Gas? or is our stupidity again?
Click to expand...

Hapo pekundu - umeitoa wapi hiyo mkuu? Mimi niko huku na USD 1 iko around kwacha 250 - 300.
 
pmwasyoke said:
Hapo pekundu - umeitoa wapi hiyo mkuu? Mimi niko huku na USD 1 iko around kwacha 250 - 300.
Click to expand...

Yeah, but it is still less than Tanzanian shillings 1,500 per a dollar and we export GOLD and other minerals more than

Malawi
 
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