Tanzania’s forex reserves dip to $4.88 billion in September

Tanzania’s foreign exchange reserves stock fell to $4.88 billion in September this year from $4.96 billion recorded at the end of September 2022, largely credited to payment of foreign obligations by the Government according to the Bank of Tanzania Monthly Economic Review for October 2023. “Despite the decrease, reserves were adequate to cover 4 months … Continue reading Tanzania’s forex reserves dip to $4.88 billion in September