A Survey of Foreign Currency Risk Awareness and Management Practices in Tanzania

May 15, 2011 | by
  • Description

Since mid-1970's fixed foreign currency exchange regimes have been disbanded in many countries. With the support of the Bretton-Woods institutions and other leading financial institutions there has been since the 80's and much more recently disbanding of fixed foreign exchange regimes in Africa, Asia and in Eastern Europe. Countries with diverse economic and financial structures have adopted market - determined foreign exchange rate systems.