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In an attempt to strengthen its foreign reserves, Tanzania has requested the contribution of gold exporters in the country. Tanzania’s mining regulator has directed gold exporters to allocate at least 20% of their gold to the central bankThe central bank started acquiring gold from local traders and miners to enhance its foreign reserves due to the depreciation of the local currencyNew mining regulation in Tanzania will obligate gold merchants to provide 20% of their gold to approved refineriesAs seen on Reuters, Tanzania’s mining regulator has directed all mining outfits exporting gold to all…

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