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Posts Tagged: “Tanzania“
December 20, 2023
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Tanzania Central Bank Announces Plan to Buy More Gold
The Bank of Tanzania plans to buy 12 tons of gold during the fiscal year in an effort to boost its foreign exchange reserves. The East African nation joins a growing number of central banks turning to gold.
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September 26, 2023
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Tanzania Establishing Gold Reserves
Yet another country wants gold. On Monday (Sept. 25), the Bank of Tanzania (BoT) announced it is buying gold from domestic sources to establish its own reserves.