Saturday, November 10, 2012

HAVE A VIEW on THE TANZANIAN SHILLING's VALUE IN TERMS OF OTHER MAJOR CURRENCIES IN THE WORLD at http://fx-rate.net/TZS/  now thinking in terms of  flows of Tanzanian goods to the rest of the world (increase in exports) Tanzania is  at a good position because  when you have a relatively lower value of the domestic currency, then  trade wise this makes your goods cheap to foreigners hence more exports- a positive thing to your balance of payments (BOP), but again on the other side your imports become expensive which could endanger your BOP if the imported goods are a necessity to your production activities.