Josephine Christopher is a senior business journalist for The Citizen and Mwananchi newspapers
Mwananchi Communications Limitted
Dar es Salaam. A combination of timely central bank interventions and a surge in export earnings has helped stabilise the Tanzanian shilling, enabling the local currency to withstand volatility that peaked mid-year.
Despite sustained global pressures and a spike in dollar demand that pushed the shilling to record lows in May, the Bank of Tanzania (BoT) has managed to guide the currency towards a stable close for 2025.
