WEEKAHEAD-AFRICA-FX-Tanzanian shilling to hover at record lows, others mixed

April 16, 2015 3:43 PM

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DAR ES SALAAM, April 16 (Reuters) - Tanzania's currency is expected to stay under pressure next week after hitting a new all-time low against the dollar, while most other currencies are seen mixed.

The shilling is expected to remain depressed for months until new tourism and agricultural receipts trickle in mid-year after being weighed down by demand from manufacturing and energy firms, against scanty hard currency inflows.

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