Pula breaks P10/$ barrier

According to exchange rate figures published by the Bank of Botswana (BoB), the Pula continued its fall against the US dollar to reach P10.10 per dollar yesterday. This was the first time that the Pula has broken past the P10 per dollar psychological barrier.

Analysts said the falling of the Pula against the Dollar is primarily due to the Rand’s similar fall against the American currency, which saw the South African currency fall to a 13 year low of R12.38 per dollar last week.