Tanzania’s central bank imposed a raft of restrictions on foreign-currency dealings to curb a shortage of dollars and safeguard the stability of the financial system. Measures include the banning of ...

The Tanzanian Government has banned the exchange of its currency with that of Kenya as it moves to lock out illicit inflows into the country. The order, contained in a notice dated June 7, comes in ...

TANZANIA’S strengthening shilling is reshaping trade dynamics, making imports more affordable for businesses and consumers. As the local currency gains against major foreign currencies, importers ...

Tanzania’s central bank says it is still considering the introduction of a central bank digital currency (CBDC) but will be a taking “phased, cautious and risk-based approach” after identifying ...

ARUSHA, Tanzania (Reuters) - Tanzania's finance minister Mustafa Mkulo said on Wednesday the government would unveil a set of measures this week aimed at curbing inflation and currency volatility in ...

Following the recent declaration that both nations will start trading in their own indigenous currencies, they talked about the ramifications of the Rupee Nostro Account System. The debate emphasized ...