Bank of Tanzania Archive

Bank of Tanzania (BoT) has lately cut down on discount rate by 4 percent and this is expected to improve the credit sector in the private sector. The current discount rate is 12 percent and …

Dar es Salaam – Financial literacy is important and with this notion the Bank of Tanzania (BoT) has lately established a national financial education framework in collaboration with the Financial Sector Deepening Trust (FSDT). The …

Since January this year the shilling has depreciated by about 24 percent and closed at 2,146/- against 1 USD. The depreciation is higher by four times compared to the same period in 2014. It was …

High liquidity in the circulation has continued to be an incentive to investors in the debt securities leading them to record over-subscriptions. Bank of Tanzania The number of bids received in the auction conducted …

The overall cost of loans pegged by commercial banks increased to 16.3 per cent in the year ending November 2013, compared to 15.8 per cent in 2012, largely due to high rates offered for …

The Bank of Tanzania (BoT) announced that the East African Payment System (EAPS) has started operating and will enhance cross border payments and boost trade within the region. Governor of the Central Bank, Prof …

Despite shelving yield rates by 0.8 per cent, investors’ appetite for the 12 months treasury bills auctioned on Wednesday was high with the note recording more than doubling of the subscriptions. Bank of Tanzania …