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Friday, January 20, 2017

TANZANIAN SHILLING TO COME UNDER CONTINUED PRESSURE AGAINST THE U.S. DOLLAR



The Tanzanian shilling is expected to come under continued pressure against the U.S. dollar in the days ahead, we
Commercial banks quoted the shilling at 2,245/2,255 to the dollar on Thursday, weaker than 2,210/2,220 a week ago.
"We expect the shilling to remain under pressure next week because of a bullish dollar in the market," said Moses Kawiche, a trader at CRDB Bank

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