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January 11, 2024
Last week, the central bank announced the adoption of a new monetary policy starting this month to maintain price stability and support sustainable economic growth marking a shift from using the...
January 10, 2024
Bank of Tanzania (BoT) said on Tuesday that the first policy interest rate will be known after the Monetary Policy Committee (MPC) meeting planned in next two weeks. The central bank said the MPC will be the appex body to determine the policy rate and announced immediately after its meeting based on seventy-day interbank cash
August 23, 2023
The foreign reserve is enough for imports of goods and services for 4.9 months and is one of the highest in recent memory.