The Tanzanian shilling hit a new all-time low at 1,823 against the dollar on Thursday, dragged by increased dollar demand from importers and uncertainty in the market over central bank measures aimed at supporting the local currency.
The Tanzanian shilling slipped to a new all-time low against the dollar on Monday as banks covering short positions bought the U.S. currency, and as emerging currencies were hit broadly by the slide in the euro.
A Kenyan man was arrested in
neighboring Tanzania after trying to sell an albino friend to
local gold miners by saying potions mixed with his body parts
would bring good luck, the Daily Nation reported.