Africa Matters

Tanzania and India now to trade in own currencies

Summary India is one of Tanzania’s biggest trading partners, with data from the Indian High Commission in Dar es Salaam putting the value of trade between the countries at $4.5 billion (about Sh10.4 trillion) during the year ending March 2022 Dar es Salaam. Tanzania and India have agreed on an arrangement that will no longer make the US dollar…

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