Mie sio mfuatiliaji mkubwa wa mienendo na dhamani ya pesa za east africa ila Kenya tu, nikipitia nyuzi kadhaa hapa JF watz wanasema uchumi wao upo sawa sana kwa sasa lakini shillingi yao vipi kila siku yafuata mkondo wa kuzini!!!!!
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Haya maoni ya manajf, pamoja na the usual povu.......
There is no relationship...the issue is whether the currency is stable or not it may be 5000shs to a dollar but as long as it’s stable around this rate then there are no adverse economic effects. On the other hand it maybe 50sh to a dollar but if this jumps to 150 then 200 then 250 in a short period then forex losses start creeping in.Can you give us the relationship between the currency value and the level of economy.
No, a stable currency that is manupulated and Given the "Managed" status by IMF is wrong..Tz currecy is free floating,its value is determined by supply and demandThere is no relationship...the issue is whether the currency is stable or not it may be 5000shs to a dollar but as long as it’s stable around this rate then there are no adverse economic effects. On the other hand it maybe 50sh to a dollar but if this jumps to 150 then 200 then 250 in a short period then forex losses start creeping in.
Two scenarios
a)Assuming u took a loan at 50 to a dollar then you have to repay at 250 to a dollar. Fx loss of 200.
b)Another person takes a loan at 5000 to a dollar and they have to repay at the same 5000. No fx loss.
Stability is key!!!
Tz is a net importer ... so an unstable currency whether managed or not is bad for the economy. The fact still remains that the Tzs to USD rate has moved by more than 100 units in the last 12 months. Cost of imports continue to soar by the day. So what is stopping TZ from ‘managing’ their currency? Lack of know how or what?No, a stable currency that is manupulated and Given the "Managed" status by IMF is wrong..Tz currecy is free floating,its value is determined by supply and demand
Free floating!!!! That must be vijiweni economics. The ones saying there no relationship btn currency appreciation and economic growth! Check your Econ books again! The better the economy the higher the purchasing power leading to higher revenues. This leads to higher demand for the local currency leading to its appreciation...and vice versa!! Tz ni Pimping of economic growth numbers. That’s why the currency is going south!!!!!No, a stable currency that is manupulated and Given the "Managed" status by IMF is wrong..Tz currecy is free floating,its value is determined by supply and demand
Free floating!!!! That must be vijiweni economics. The ones saying there no relationship btn currency appreciation and economic growth! Check your Econ books again! The better the economy the higher the purchasing power leading to higher revenues. This leads to higher demand for the local currency leading to its appreciation...and vice versa!! Tz ni Pimping of economic growth numbers. That’s why the currency is going south!!!!!
If magufuli was a dictator, he would "manage" or control currency value like the way kenya does..Fortunately he is Not, he lets the currency to float and its value to be determined by market forcesFree floating!!!! That must be vijiweni economics. The ones saying there no relationship btn currency appreciation and economic growth! Check your Econ books again! The better the economy the higher the purchasing power leading to higher revenues. This leads to higher demand for the local currency leading to its appreciation...and vice versa!! Tz ni Pimping of economic growth numbers. That’s why the currency is going south!!!!!
pwahahahahahahahSomebody just said that the tzsh is free floating and its value is determined by supply and demand. Well, in the same spirit I think this guy here was posing for a photo, or maybe it was raining heavily and he just didn't want to get wet.
There is no relationship...the issue is whether the currency is stable or not it may be 5000shs to a dollar but as long as it’s stable around this rate then there are no adverse economic effects. On the other hand it maybe 50sh to a dollar but if this jumps to 150 then 200 then 250 in a short period then forex losses start creeping in.
Two scenarios
a)Assuming u took a loan at 50 to a dollar then you have to repay at 250 to a dollar. Fx loss of 200.
b)Another person takes a loan at 5000 to a dollar and they have to repay at the same 5000. No fx loss.
Stability is key!!!
If magufuli was a dictator, he would "manage" or control currency value like the way kenya does..Fortunately he is Not, he lets the currency to float and its value to be determined by market forces
Bro understand the Foreign Currency Policies/Regimes
1: Freely Fluctuating Exchange Rate, i.e the currency exchange rate is allowed to float (to move up and down).
2: Managed floating rate system, i.e allowed to float in response to supply and demand, but with limited degree of freedom to move up and down.
3: Fixed Rate System as the name ascribed, the government maintain target exchange rate through its fiscal agencies or authorities (central bank or treasury agencies) operations and economic policies.
4: Controlled Rate Regime, in this system, the national government directly affect exchange rates by imposing and enforcing legal controls on private dealings in FOREX.
5: Pegged Currency, in this regime, the home currency is linked to a major trading currency (vehicle currency) or a basket of currencies (currency blocs) and keep that relationship fixed. Many countries linked the value of their currencies to the US$ (the vehicle currency).
Now tell me how these relates with the economy of the country rather than discretionary.
Wewe ni boya sana..Miradi mikubwa kama SGR ndiyo inafyonza akiba za BOT za dollar..Hii ni kawaida sana, Shillingi ya kenya ilikuwa inabadilishwa kwa 80/-..Jubilee Walipo anza miradi mikubwa ikashuka hadi 100/- kwa dollar..hakusikia nyumbu zikilia humo.inaonekana a simple econ principle for you ni rocket science......No currency is floating here. There no demand for the local currency Tanzania due to a POOR ECONOMY. The number for econ growth you see splashed around from tz are all skills of a good cook, PIMPING numbers!!! Wananchi hawana mapato ya kuwezesha shillingi kupata nguvu. It's mostly imports hence money goes outside to pay foreign supplies!
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The ones saying there no relationship btn currency appreciation and economic growth! Check your Econ books again! The better the economy the higher the purchasing power leading to higher revenues. This leads to higher demand for the local currency leading to its appreciation...and vice versa!! Tz ni Pimping of economic growth numbers. That’s why the currency is going south!!!!!
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That's your belief.
That's the way your mind painting the phenomenon. The truth is that, in international finance currencies of the world are subject to the exchange policy or regime the country might choose.
Refer to what has currently happened in Zambia's Kwacha.
Wewe ni boya sana..Miradi mikubwa kama SGR ndiyo inafyonza akiba za BOT za dollar..Hii ni kawaida sana, Shillingi ya kenya ilikuwa inabadilishwa kwa 80/-..Jubilee Walipo anza miradi mikubwa ikashuka hadi 100/- kwa dollar..hakusikia nyumbu zikilia humo.
Kama wewe mwenyewe unajihisi maskini baada ya serikali ya awamu ya tano, basi wewe ulitegemea hela za bure(fisadi)
What economic principles umeadika hapa? Eti unajihisi maskini kwa serikali ya awamu ya tano😆😆😆. Kafie mbele na umaskini wako mtegemea rushwa. Sisi tunaingiza mpunga vilivyoWewe ndio unazo gugu maji akilini. You cant think straight or reason using simple econ principals. The underlying economic foundation in TZ is weak. reasons nimekupea hapo juu. Its you take or leave it. You are living in the Tanzanian Utopian economic pimping of economic growth numbers!!
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