BOCCIM to analyse exchange rate policy

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The Botswana Confederation of Commerce, Industry and Manpower (BOCCIM) plans to reassess the country's crawling peg exchange rate regime to determine its effectiveness and relevancy in the current economic environment.

Speaking at a gala dinner marking its silver jubilee at the Gaborone International Convention Centre on Saturday, the president of the private sector representative body Alex Monchusi said they intend to critically analyse the exchange rate policy mechanism to determine if it still serves the economy adequately. 

With this, BOCCIM aims to ensure equal benefits for imports and exports from the exchange rate policy to drive economic diversification.

Editor's Comment
Women unite for progress

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