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BANK OF TANZANIA CONDOLENCE TO THE LATE PROFESSOR BENNO NDULU

Board of Directors, Management and staff of the Bank of Tanzania learned with extreme grief the passing on of Professor Benno Ndulu, the retired and 6th Governor of the Bank.
Prof. Ndulu, served as the Governor for 10 years from 2008 to 2018. He put the Bank on a stable course and steered the monetary sector to become a firm pillar in sustaining the economy. Under his firm leadership Tanzania enjoyed moderate inflation, stable exchange rate of the Tanzanian shilling and generally sound macro-economic indicators, including maintaining adequate foreign currency reserves
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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..
Bank of Tanzania is mandated to license, regulate, supervise and de-license banks, financial institutions and Bureaus de change. Financial Institutions...
The Bank of Tanzania is empowered by the National Payment Systems (NPS) Act 2015 ...
The Bank of Tanzania is involved in money, bonds and foreign exchange markets geared towards implementation of monetary policy, ensuring that ..
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...
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...
Transaction Date:03-Mar-21
Buying Selling
BIF 2.1897 2.2062
EUR 2751.0918 2778.8338
GBP 3183.8016 3216.3326
JPY 21.3983 21.6062
KES 20.8482 21.0184
RWF 2.2985 2.3291
UGX 0.6007 0.6303
USD 2287.0495 2309.92
GOLD 3957647.6863 3999002.8016
ZAR 151.7295 153.0945
IBCM
Trade Date
3/2/2021
Volume (Million TZS) 23,000.00
HIGH 4.50
LOW 3.50
WAR 3.63
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REPO
Trade Date
1/25/2019
Rate 4.5
Volume (Million TZS) 20,000.00
Tenure (Days) 14
REVERSE REPO
Trade Date
3/2/2021
Rate 5.18
Volume (Million TZS) 30,000.00
Tenure (Days) 14