Tanzanian Shilling’s 8.9% YTD Drop Earns It World’s Worst-Performing Currency Status

Share This Post

The Tanzanian shilling has experienced a significant decline, becoming the world’s worst-performing currency this year, dropping 8.9%. At the time of writing, the currency’s exchange rate against the U.S. dollar stood at 2,645 per dollar, a level last seen in late November 2024. This decline is attributed to rising imports and increased public debt, largely […]

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Avalanche 12-Hour TD Sequential Flashes Sell Signal After Nailing 50% Rally – Details

Avalanche (AVAX) has been one of the standout performers in recent weeks, surging more than 53% since March 11 as bulls attempt to kickstart a broader recovery rally The strong rebound follows a

Top Priority: Incoming SEC Chair Promises Solid Crypto Framework

The incoming SEC chair vowed to prioritize a clear crypto framework, criticizing outdated rules for hindering innovation and US leadership Incoming SEC Chair Calls for Clear Crypto Rules, Economic

Dogecoin Cup And Handle Pattern Signals Recovery To $0.4, Here’s How

An analyst on TradingView presented a technical outlook that contrasts with prevailing market sentiment, suggesting that Dogecoin is still forming the cup phase of a cup and handle pattern rather

Ethereum’s diverse mix of stablecoins outpaces Tron’s USD dominance

Stablecoins have become the cornerstone of the crypto ecosystem, making up most crypto trading pairs and facilitating a massive chunk of blockchain transactions The top five chains in terms of

Waiting For An Altcoin Season? Analyst Says A Weekly Close Above This Level Would Trigger A Rally

The crypto market is still trying to recover from its crash in early March, and sentiment is currently fluctuating Although the Fear & Greed Index is still in the fear zone, the Bitcoin price is

Michael Saylor’s Poll: Gamestop Needs $3B in Bitcoin for Credibility

Strategy’s executive chairman, Michael Saylor, sparked debate with a poll suggesting Gamestop must buy over $3 billion in bitcoin to earn BTC legitimacy Michael Saylor Turns up the Heat With