Pula hits 7-month low against dollar

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Botswana pula has broke the P9 psychological mark against the dollar since February, the local currency weakened against the greenback and other major trading currencies.

This week the pula lost ground against most major international currencies in the past twelve months, with the exception of the rand.

On Tuesday, the pula weakened to P9.02 to a dollar from trading around P8.8 for the past few weeks.

Editor's Comment
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

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