Tanzania: Shilling's 2020 Prospects 'Bright'

Dar es Salaam — The Tanzanian shilling is likely to perform better in 2020 as economic experts and central bank officials expect the national currency to sustain the stability it had throughout last year.

The local currency - which experienced much volatility in the beginning of 2019, reaching close to Sh2,400 per dollar at the bureaux de change - is now exchanging at below Sh2,300, and has stabilised since last March.

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