The Bank of Tanzania is the central bank of the United Republic of Tanzania. Established in 1966, its primary role is to manage the country's monetary policy, regulate the banking sector, and ensure financial stability. The bank also issues the national currency, the Tanzanian shilling, and oversees foreign exchange reserves. In addition to its monetary functions, the Bank of Tanzania plays a crucial role in promoting economic growth and development. It supervises commercial banks and financial institutions, ensuring they operate safely and soundly. The bank also works to enhance the financial inclusion of Tanzanians, making banking services accessible to all.