Liquidity improves as interbank rates stabilizes

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By Mnaku Mbani
Liquidity levels on financial markets have continued to improve after the inter-bank rates stabilized to seven per cent over the last two weeks.
The bank of Tanzania reports have shown that the inter-bank rates fell to the lowest level of seven per cent in February 23, the lowest in fourteen months.
Analysts in financial markets say the slow of inter-bank rate was the result of improvement of liquidity level, which have also seen in other financial markets including equities and government securities.

The bank of Tanzania reports shows that the inter-bank rate stabilized at the rate of seven per cent over the last two weeks, from 17 per cent recorded during the last week of December last year.

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