Shilling fighting off threat, stable in 1stQ

The Tanzanian shilling has had an impressive first quarter stifling off the effects of coronavirus threat even amidst travel restrictions and slowed trade. Up to the close of the quarter, the central bank of Tanzania, the Bank of Tanzania (BoT) said the Tanzanian shilling is strong and has ‘remained resilient against the dollar.’ This means … Continue reading Shilling fighting off threat, stable in 1stQ