Tanzania tightens foreign exchange control
Authorities step up action against money laundering and currency speculation
25 June 2019 - 17:36
Dar es Salaam — Tanzania has tightened currency controls with new regulations on foreign exchange bureaus in its campaign against money laundering and currency speculation.
The new rules, published on Monday by the central bank, come months after the government revoked the licences of about 100 bureaus and temporarily shut a newspaper for using unofficial data on exchange rates...
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