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Press Release: Strategies for Efficient and Effective Foreign Exchange Risk Management for Enhanced Business Profitability

The CEO Roundtable of Tanzania (CEOrt) will host a roundtable discussion at the Hyatt Regency Hotel in Dar es Salaam this evening.

Financial markets in Tanzania consist of markets for money, bonds, equities, foreign exchange, and collective investment schemes. The erratic weakening and strengthening of the local currency against other currencies results into financial risk known as foreign exchange risk and has direct impact on both cash flows and profitability for businesses.