Tanzania: Shilling Ends Year Slightly Stronger

THE shilling traded with a slightly heavier bias in the last days of 2014 to close at a stronger position, despite losing ground by over 8.0 per cent in full year.

National Microfinance Bank (NMB) says in its e-Market report that the shilling close on the strong foot against US dollar, the major trading currency, buoyed by end-month local money demand.

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