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View Full Version : Tanzania Central Bank Expects Shilling Support Steps to Work - Bloomberg



NewsWhore
10-31-2011, 10:30 AM
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Tanzania Central Bank Expects Shilling Support Steps to Work (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEGzZHIuZ2nWtR8LWqlEUU-4Ek8Bg&url=http://www.bloomberg.com/news/2011-10-31/tanzania-central-bank-expects-shilling-support-steps-to-work-1-.html)
Bloomberg
Last week, the central bank of East Africa&#39;s second-biggest economy stopped commercial banks lending local currency to non- resident borrowers, Mkila said. It increased the repurchase rate to 9.58 percent from 7.58 percent, raised minimum reserves to ...

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