Dar es Salaam. Tanzania’s foreign exchange reserves rose sharply to $5,971.5 million at the end of June 2025, up from $5,345.5 million in the corresponding period last year, according to the Bank of Tanzania (BoT)’s Monthly Economic Review (MER) for July 2025, issued on 5 August.
The central bank said the current reserve level is sufficient to cover 4.8 months of projected imports of goods and services.
This exceeds both the national adequacy benchmark of $4 billion, equivalent to four months of imports, and the East African Community (EAC) benchmark of $4.5 billion, covering about 4.5 months of imports.
The BoT attributed the improvement to higher foreign currency inflows from exports, tourism receipts, and external financing, coupled with prudent fiscal and monetary management.
The performance comes amid a relatively stable global commodity market and ongoing reforms to attract investment and boost production.
The central bank noted that the higher reserve position would strengthen the country’s ability to cushion against external shocks, support the stability of the shilling, and maintain investor confidence.
It added that surpassing both the national and regional benchmarks not only reinforces Tanzania’s external sector stability but also gives the country more room to respond to global economic uncertainties.
