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
Batswana need to do better to stop FMD

It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...

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