TANZANIA OUTLAWS FOREIGN CURRENCY IN LOCAL TRANSACTIONS TO BOOST SHILLING

Spread the loveFaith Nyasuguta  Tanzania has officially banned the use of foreign currencies in domestic transactions, stepping up efforts to strengthen its local currency, the Tanzanian shilling. The move, announced by the Bank of Tanzania (BoT), is part of a broader push to reinforce monetary sovereignty and economic stability. The directive follows the release of … Continue reading TANZANIA OUTLAWS FOREIGN CURRENCY IN LOCAL TRANSACTIONS TO BOOST SHILLING