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Central Bank Rate Raised to 6.25% for Third Quarter of 2026

Latest Tanzania finance news · Central Bank Rate Raised to 6.25% for Third Quarter of… explained · 2026 updates · updated Aug 5, 2026 · economy news · GDP · investment

TLDR

  • The Bank of Tanzania (BOT) released its Monthly Economic Review for July 2026, covering key macroeconomic indicators for the year ending June 2026, with Tanzania’s exports of goods and services rising 17.2% to USD.
  • Interbank Foreign Exchange Market Turnover in the Interbank Foreign Exchange Market (IFEM) increased to USD 193.3 million from USD 119.3 million in May 2026, with the Bank making a net sale of USD 28.5 million.
  • Government Budgetary Operations Total government revenue reached TZS 3,259.4 billion (approximately USD 1.24 billion) in May 2026, exceeding target by 0.5%, with central government collections of TZS 3,152.4 billion.
  • Loans disbursed during June 2026 amounted to USD 379.8 million, mainly to the central government, while debt service payments totalled USD 249.2 million, including USD 184.9 million in principal.
  • Headline inflation eased to 4.0% in June 2026, although the Monetary Policy Committee (MPC) subsequently raised the Central Bank Rate (CBR) to 6.25% from 5.75% for the third quarter of 2026.

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