We wish to bring to your attention that the government of Tanzania has introduced new rules on the use of FOREIGN CURRENCY under the Foreign Exchange Use Regulations (GN. No. 198 of 2025), made under the Bank of Tanzania Act, Cap. 197 was officially published on March 28, 2025.
These regulations aim to streamline financial transactions and encourage the use of the Tanzanian Shilling (TZS) to strengthen the local economy.