Bank of Tanzania

Tanzania’s Central Bank maintains Interest Rate at 6%

BoT express gratitude to IMF AFRITAC East for its contribution in strengthening the country's economy

Africa central bank governors discuss use of Artificial Intelligence

Qatar invited to invest in Tanzania's Financial Sector

BoT Governor meets the Ambassador of the Arab Republic of Egypt

Governor Tutuba attends BIS 94th Annual General Meeting

Selected Economic Indicators

Inflation Rate

3.0%
October 2024

GDP

5.3%
2nd Quarter 2024

7-Day IBCM Rate

8.00
20 November, 2024

Central Bank Rate

6%
4th Quarter 2024

IBCM

4.7%
November 2019

MONETARY POLICY COMMITTEE (MPC) MEETINGS CALENDAR FOR 2024/25

"Maintain price stability and integrity of the financial system for inclusive economic growth "

" To be a Central Bank that effectively fosters macro-economic stability and modernized financial system in sustenance of country’s middle-income status and beyond "

The Bank embraces the following core values:

Integrity:
We exhibit high ethical and moral standards reflected by honesty, sincerity, truthfulness, and confidentiality in executing our mandate.

Excellence:
We execute our duties professionally with creativity and innovativeness to improve organizational performance.

Accountability:
We are collectively and individually accountable in discharging our responsibilities.

Transparency:
We clearly and openly execute our mandates and proactively communicate relevant information to stakeholders

Inclusiveness:
We value broad participation, teamwork and harnessing multiple skills and experiences in discharging our duties.

Monetary Policy

Monetary policy consists of decisions and actions taken by the Central Bank to ensure that the supply of money in the economy is consistent with growth..

Financial Sector Supervision

Bank of Tanzania is mandated to license, regulate, supervise and de-license banks, financial institutions and Bureaus de change. Financial Institutions...

Payment & Settlement Systems

The Bank of Tanzania is empowered by the National Payment Systems (NPS) Act 2015 ...

Financial Markets

The Bank of Tanzania is involved in money, bonds and foreign exchange markets geared towards implementation of monetary policy, ensuring that ..

Currency Issuance

The Bank is mandated under the Bank of Tanzania Act, 2006 to have the sole right to issue banknotes and coins in and for Tanzania, which shall be the only...

Banking Services

Bank of Tanzania is a banker and fiscal agent to the Government of the United Republic of Tanzania and to the Revolutionary Government of Zanzibar...

Financial Deepening and Inclusion

Financial inclusion facilitates an inclusive financial sector where individuals and businesses have access to and usage of a broad range of affordable...

PUBLIC NOTICE: INTERVENTION IN THE INTERBANK FOREIGN EXCHANGE MARKET
#Press Release

Wednesday, November 20, 2024

Sep 2024
#Publications - Quarterly statistical Bulletin

Tuesday, November 19, 2024

Treasury Bills Call For Tender No. 1165
#TBills

Monday, November 18, 2024

Annual Banking Supervision Report 2023
#Publications - Annual Report

Friday, November 15, 2024

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Indicative Exchange Rates

Transaction Date:21-Nov-24

	Buying	Selling
BIF	0.8952	0.8851
EUR	2776.6661	2804.6983
GBP	3330.8426	3365.2132
JPY	16.8889	17.0545
KES	20.3792	20.4247
RWF	1.8906	1.9417
UGX	0.6849	0.7186
USD	2628.9208	2655.21
GOLD	6920108.201	6991964.493
ZAR	145.2274	146.6375

Overnight IBCM
Trade Date	11/20/2024
Volume (Million TZS)	12,500.00
HIGH	8.50
LOW	7.50
WAR	7.68
Read more..

7 Day IBCM
Trade Date	11/20/2024
Volume (Million TZS)	2,500.00
HIGH	8.00
LOW	8.00
WAR	8.00
Read more..

REPO
Tenure (Days)	WAR	Volume (Million TZS)
7 (3/28/2024)	5	100,000.00
14 (3/28/2024)	5.5	100,000.00
6 (6/30/2023)	3	60,000.00
30 (5/2/2023)	3	20,000.00
8 (12/23/2013)	5.5	15,000.00
4 (12/23/2013)	5	15,000.00
10 (12/20/2013)	5	15,000.00

REVERSE REPO
Tenure (Days)	WAR	Volume (Million TZS)
7 (11/20/2024)	8	150,000.00
14 (10/7/2024)	8	100,000.00
30 (1/14/2022)	6.5	8,000.00