Why shilling’s rally is set to continue

Shilling pic

Dar es Salaam. The shilling has rallied to a ten-month high against the US dollar and the government is confident the trend will continue until at least February 2025.

The Bank of Tanzania (BoT) quoted the shilling as trading at a mean rate of Sh2,513.1169 per dollar on Tuesday,  as it extended gains that began in early October.