• About Us
  • Contact
Saturday, April 1, 2023
No Result
View All Result
NEWSLETTER
The Business Wiz
  • Home
  • Featured News
  • Economic
    • Currency
  • Investment
  • Markets
    • Stock Market
  • Sectors
    • Agriculture
    • Commodities
      • Markets
    • Construction
    • Energy
    • Financial Services
    • Information Technology
    • Infrastructure
    • Manufacturing
    • Markets
    • Mining
    • Real estate
    • Telecomunication
    • Tourism
    • Transportation
  • Home
  • Featured News
  • Economic
    • Currency
  • Investment
  • Markets
    • Stock Market
  • Sectors
    • Agriculture
    • Commodities
      • Markets
    • Construction
    • Energy
    • Financial Services
    • Information Technology
    • Infrastructure
    • Manufacturing
    • Markets
    • Mining
    • Real estate
    • Telecomunication
    • Tourism
    • Transportation
No Result
View All Result
The Business Wiz
No Result
View All Result
Home Currency

Tanzanian shillings remained steady against dollar in Q3, 2022 – BoT

by Editor
14/12/2022
in Currency
0
Tanzanian shillings remained steady against dollar in Q3, 2022 – BoT
Share on FacebookShare on Twitter

The Tanzanian shilling remained fairly stable against the US dollar during Q3, 2022 trading at an average of 2,316.7/- per US dollar, compared with 2,311.8/- per US dollar in the previous quarter according to the latest Bank of Tanzania (BoT) Quarterly Economic Bulletin.

According to the Central Bank report, the shilling on annual basis however depreciated marginally by 0.27 per cent from 2,310.4/- per US dollar registered in the quarter ending September 2021.

The Tanzanian shilling remained fairly stable against the US dollar during Q3, 2022 trading at an average of 2,316.7/- per US dollar, compared with 2,311.8/- per US dollar in the previous quarter. PHOTO / COURTESY.

It noted that the Stock of Tanzania’s foreign exchange reserves was $4.9 billion at the end of September

2022, lower than USD 6,775 million in the corresponding period in 2021.

“The amount was sufficient to cover about 4.5 months of imports of goods and services and was in line with the country’s benchmark of not less than 4 months,” the report added.

Tags: #LatestBusinessNews#LatestTanzaniaBusinessNews#LatestTBWNews#TanzaniaBusinessNews
Editor

Editor

Next Post
Tanzania nickel producer Lifezone Metals to list in New York

Tanzania nickel producer Lifezone Metals to list in New York

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Exchange Rate

Exchange Rate USD: Sat, 1 Apr.

Recommended

Tanzania among top 10 most-innovative economies in Africa

Tanzania among top 10 most-innovative economies in Africa

9 months ago
AuKing Mining adds more uranium and copper prospects to its Tanzania portfolio

AuKing Mining adds more uranium and copper prospects to its Tanzania portfolio

2 months ago

Popular News

    News

    Get latest news from us.


    SUBSCRIBE

    Category

    • Agriculture
    • Aviation
    • Banking
    • Commodities
    • Construction
    • CSR
    • Currency
    • Economic
    • Energy
    • Featured News
    • Financial Services
    • Information Technology
    • Infrastructure
    • Investment
    • Jobs
    • Manufacturing
    • Markets
    • Mining
    • Others
    • Q&A Interviews
    • Real estate
    • Telecomunication
    • Tourism
    • Transportation

    About us

    The Business Wiz (TBW) is Tanzania’s premier one-stop online platform providing in-depth, accurate and timely business news, analysis, commentary and online business information portals and research.

    • About Us
    • Contact

    © 2022 The Business Wiz

    No Result
    View All Result
    • Home
    • Featured News
    • Economic
      • Currency
    • Investment
    • Markets
      • Stock Market
    • Sectors
      • Agriculture
      • Commodities
        • Markets
      • Construction
      • Energy
      • Financial Services
      • Information Technology
      • Infrastructure
      • Manufacturing
      • Markets
      • Mining
      • Real estate
      • Telecomunication
      • Tourism
      • Transportation

    © 2022 The Business Wiz

    en English
    ar Arabiczh-CN Chinese (Simplified)en Englishfr Frenchde Germanit Italianru Russianes Spanishsw Swahili