Last week, the central bank announced the adoption of a new monetary policy starting this month to maintain price stability and support sustainable economic growth marking a shift from using the.
Bank of Tanzania (BoT) said on Tuesday that the first policy interest rate will be known after the Monetary Policy Committee (MPC) meeting planned in next two weeks. The central bank said the MPC will be the appex body to determine the policy rate and announced immediately after its meeting based on seventy-day interbank cash