Major winners as shilling rallies against dollar

Dar es Salaam. Tanzanians planning to import vehicles, spare parts, wheat, edible oils and other commodities stand to benefit from the steady appreciation of the Tanzanian shilling. This appreciation has reduced the cost of imports and stabilised domestic prices.

The local currency has made significant gains against the US dollar in recent months. In April 2025, the exchange rate averaged Sh2,668.90 to the dollar, but by Monday, August 25, 2025, it had strengthened to an indicative rate of Sh2,454.74/2,479.29.