The Bank of Tanzania is the central bank of the United Republic of Tanzania, established in 1966 following the dissolution of the East African Currency Board. As the country’s monetary authority, it is responsible for issuing currency, implementing monetary policy, regulating commercial banks, and managing Tanzania’s foreign exchange reserves. The Bank of Tanzania plays a critical role in ensuring financial stability through prudential regulation and supervision of the banking sector. It advises the government on economic and financial matters while working to maintain low inflation and support sustainable economic growth. As Tanzania’s economy has evolved, the central bank has developed sophisticated policy tools and regulatory frameworks to address emerging challenges while supporting the country’s development goals through a stable monetary environment.