Pula continues to gain against US dollar

As a result of the link between Botswana's economy and South Africa's, when the rand weakens against the dollar, the Pula follows suit, although not by the same margins. The Pula simultaneously gains against the rand.

The rand recently fell to as low as R12 to the US dollar, but by Wednesday, it had managed to gain big ground, trading at R8.08 against the dollar. Analysts believe it will continue on that path for some time as sentiment towards high-risk assets improves.