International Reserves in Tanzania

Tanzania International Reserves | Economic News & Forecasts

Tanzania - International Reserves

The fallout from the Covid-19 pandemic seems to be taking its toll on the economy in the second quarter, after growth likely remained robust in the first quarter of the year. Following healthy export growth in Q1, the external sector will be suffering in Q2, as the pandemic has extinguished foreign demand for merchandise exports while tourist arrivals all but dried up amid travel restrictions and widespread lockdowns. Domestic activity seems to have held up better thus far this year, as the government refused to implement a statewide lockdown, although investment activity and household spending are likely to falter in Q2 amid souring sentiment. Against this backdrop, the government is reportedly considering fiscal measures to prop up the economy, after the Central Bank eased its monetary policy on 12 May.

Tanzania - International Reserves Data

2015   2016   2017   2018   2019  
International Reserves (USD)4.1  4.3  5.9  5.0  5.6  

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Tanzania International Reserves Chart

Tanzania International Reserves
Note: International reserves, months of imports
Source: Bank of Tanzania

Tanzania Facts

Value Change Date
Bond Yield14.730.0 %Dec 31
Exchange Rate2,3000.0 %Jan 01
Stock Market1.20.0 %Jan 06

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