Shilling loses against dollar for 9 consecutive weeks

The shilling suffered again this week against the dollar after failing to recover the exchange rate ground it lost for eight consecutive weeks.

TheCitizen

Habari Zinazoendana

9 years ago

TheCitizen

24 Nov

DSE rebounds after two consecutive weeks of falls

Performance of the Dar es Salaam Stock Exchange (DSE) recovered last week after consecutive fall in the previous two weeks.

 

11 years ago

TheCitizen

22 Oct

Dollar crunch weakens shilling further

A dollar crunch has seriously depreciated the shilling.While indicative exchange rate by the Bank of Tanzania (BoT) was capped at Sh1,682.99 on Monday, for instance, commercial banks exchanged among themselves by up to Sh1,701 per dollar, the highest since the beginning of the year, the central bank figures show.

 

10 years ago

TheCitizen

13 Feb

Shilling hits record low against dollar

The shilling has tumbled to a record low, with analysts and dealers predicting a freefall that could see the local currency trade at an average of Sh2,000 against the dollar during the campaign period. 

 

10 years ago

TheCitizen

24 Jun

Shilling nears 2,500 mark against dollar

The shilling’s further tumble came as a defiant Finance minister Saada Mkuya told the House that there was nothing the government could do because all major currencies in Africa were in free fall, thanks to the stronger dollar.

 

9 years ago

TheCitizen

06 Jan

Dollar loses against most Asian units

The dollar declined against most Asian currencies Tuesday as a little confidence returned to regional trading floors on the back of a rebound in oil prices.

 

10 years ago

TheCitizen

29 Apr

EDITORIAL: Curb use of the dollar to rescue ailing shilling

>The Tanzanian shilling is in very bad shape, so much that some analysts describe it figuratively as a currency that is in its death throes. It is cause for concern for us all, for it pains that while you could have purchased a dollar at around Sh600 in the late 1990s, you have to cough up Sh2,000 today for a single greenback.

 

11 years ago

TheCitizen

04 Feb

Shilling hopes hit a snag as dollar rises

Early January expectations that the shilling would strengthen against the dollar were dashed towards end of the month after demand for the greenback skyrocketed.

 

10 years ago

TheCitizen

22 Dec

Real Madrid make 22 consecutive wins to claim Club World Cup

>Real Madrid defeated San Lorenzo of Argentina 2-0 on Saturday to win the Club World Cup and secure their fourth trophy of 2014.

 

10 years ago

BBC

The one dollar contraceptive

Jab eases family planning for women in poor countries

 

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