CNBC Africa·2 min read·medium

Tanzania eases FX rules to allow all foreigners to buy government debt

R
Reuters
Tanzania eases FX rules to allow all foreigners to buy government debt
AI Summary

Tanzania has relaxed foreign exchange regulations to allow all international investors to purchase government Treasury bills and bonds. The government aims to attract more capital to the domestic market to offset reduced international aid.

NAIROBI, Aug 7 (Reuters) – Tanzania has relaxed its foreign exchange rules to allow all overseas investors to buy government-issued Treasury bills and bonds, the central bank said.

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