Tanzania Ditches US Dollar Signs Major Trade Deal with India in Local Currency

Here is your latest Africa NewsTanzania and India have taken a bold step to reduce their dependence on the US dollar in trade between the countries. The two nations have signed a new bilateral trade settlement arrangement that allows them…

Tanzania Ditches US Dollar Signs Major Trade Deal with India in Local Currency

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Here is your latest Africa NewsTanzania and India have taken a bold step to reduce their dependence on the US dollar in trade between the countries. The two nations have signed a new bilateral trade settlement arrangement that allows them to use their own currencies (the Tanzanian shilling and Indian rupee) in transactions.

Tanzania Ditches US Dollar Signs Major Trade Deal with India in Local Currency https://youtu.be/yWQpCFfAGoE #africanews

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