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.

TheCitizen

Habari Zinazoendana

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.

 

11 years ago

TheCitizen

08 Jun

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.

 

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

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.

 

5 years ago

Forbes

01 Mar

Box Office: ‘Birds Of Prey’ Nears $200M Global, ‘Bad Boys 3’ Nears $200M Domestic And ‘Sonic’ Booms

Box Office: ‘Birds Of Prey’ Nears $200M Global, ‘Bad Boys 3’ Nears $200M Domestic And ‘Sonic’ Booms  Forbes

 

11 years ago

Pinda

15 Jul

Diaspora policy nears completion

Diaspora policy nears completion - Pinda
Daily News
PREPARATIONS for the establishment of a policy on Tanzanians living in the Diaspora are being finalised before it is presented to the cabinet, Prime Minister Mizengo Pinda has said. Premier Pinda also hinted that plans were underway to convene a ...

 

10 years ago

TheCitizen

16 Feb

Excitement as ‘Kili’ tourney nears

It seems an eternity ago since Moshi residents witnessed the last edition of the Kilimanjaro Marathon.

 

11 years ago

TheCitizen

22 Sep

Anxiety as the CA nears end of sitting

>Public anxiety is high as the Constituent Assembly (CA) unveils the proposed new Constitution emanating from the lengthy debate on the Second Draft Katiba today even as queries remain over its legitimacy.

 

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