Uzi maalum wa kupeana Likes: Comment chochote upate "Like"

Uzi maalum wa kupeana Likes: Comment chochote upate "Like"

carbamazepine said:
Don’t sacrifice yourself too much, because if you sacrifice too much there’s nothing else you can give and nobody will care for you.

― Karl Lagerfeld
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Today on Friday, November 03, 2017, the Tanzanian Shilling plunged 13% against the US Dollar from TZS 2,250.64 to 2,548.21. Recall that just eleven days ago on Monday, October 23, 2017, President Magufuli announced that he had appointed Florence Luoga to succeed Beno Ndulu this coming December or January as the Governor of the Central Bank of Tanzania as Ndulu's term expires.

Why did the Tanzanian Shilling plunge 13% today? There are two possibilities, there is either a big plunge in the money demand of Tanzanian Shillings, or there is a big spike in the money supply of the Tanzanian Shilling. The most likely reason is the latter because the fall in the money demand of the Tanzanian Shilling isn't that drastic to that extreme within a single day, thefore the most likely culprit is that there must be a spike in the money supply of the Tanzanian Shilling, most probably by money printing, either already in session or in near future anticipation.

http://www.rwabutaza.com/rwabutaza/the-tanzanian-shilling-plunges-13-against-the-us-dollar-today/
 
Rutashubanyuma said:
Today on Friday, November 03, 2017, the Tanzanian Shilling plunged 13% against the US Dollar from TZS 2,250.64 to 2,548.21. Recall that just eleven days ago on Monday, October 23, 2017, President Magufuli announced that he had appointed Florence Luoga to succeed Beno Ndulu this coming December or January as the Governor of the Central Bank of Tanzania as Ndulu's term expires.

Why did the Tanzanian Shilling plunge 13% today? There are two possibilities, there is either a big plunge in the money demand of Tanzanian Shillings, or there is a big spike in the money supply of the Tanzanian Shilling. The most likely reason is the latter because the fall in the money demand of the Tanzanian Shilling isn't that drastic to that extreme within a single day, thefore the most likely culprit is that there must be a spike in the money supply of the Tanzanian Shilling, most probably by money printing, either already in session or in near future anticipation.

http://www.rwabutaza.com/rwabutaza/the-tanzanian-shilling-plunges-13-against-the-us-dollar-today/
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