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Fluctuation of Tanzanian Shilling: 3.6% Decrease, 9.51% Appreciation
The Tanzanian shilling's value against the US dollar fluctuated recently, decreasing by 3.6% in the past year but appreciating by 9.51% between July and December 2024. This is influenced by global economic conditions, foreign investment, and the Bank of Tanzania's flexible exchange rate policy.
Fluctuation of Tanzanian Shilling: 3.6% Decrease, 9.51% Appreciation
The Tanzanian shilling's value against the US dollar fluctuated recently, decreasing by 3.6% in the past year but appreciating by 9.51% between July and December 2024. This is influenced by global economic conditions, foreign investment, and the Bank of Tanzania's flexible exchange rate policy.
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