Dar es Salaam. The Tanzanian shilling has emerged as one of East Africa’s most resilient currencies, with experts and the Bank of Tanzania (BoT) attributing its stability to surging gold prices and improved export performance.
Gold prices have soared to historic highs, surpassing $4,000 per troy ounce (31.1g) late last week, as investors worldwide rush to the precious metal amid global economic and geopolitical uncertainty.