The external sector showed signs of improvement, driven by increased exports and a reduction in the current account deficit, despite a slight increase in imports. The external sector performance with...
Latest Economic update from the Bank of Tanzania's Economic Development for the quarter ending June 2024 The key aspects of Tanzania's economic development, indicating steady progress and stability in various...
The depreciation of the Tanzania shilling, marked by a 1.0% monthly decline and a 12.5% annual drop, reflects broader economic challenges. Addressing these challenges will require a combination of monetary...
Balancing External Stability with Rising Domestic Obligations Amidst Economic Development External Debt Analysis: External debt decreased by 7% over the past month but remained relatively stable over the past year,...
Improved Trade Balance and Strengthened Reserves Amid Economic Growth External Sector Performance Overview The external sector performance of Tanzania has shown notable improvements due to several factors: The current account...
Foreign Exchange Market in Tanzania The foreign exchange market in Tanzania is integral to the country's monetary policy and economic stability: Foreign Exchange Operations Exchange Rate Movements Foreign Exchange Reserves...
Overview of Tanzania's Monetary Policy The Bank of Tanzania's primary goal in monetary policy is to maintain price stability and support economic growth. The current monetary policy framework involves several...
The depreciation of the Tanzania shilling against the US dollar can have several implications for the economy. Monthly Depreciation Exchange Rates: This indicates the shilling depreciated by approximately 0.56% in...