Mmegi

Pula hits historic low against US dollar

Friday, January 17, 2025 | 660 Views |

Soaring high:Trump’s ‘America First’ policies are driving the dollar up even before he begins his presidency
PIC: BOOKMYFOREX.COM

The local currency sank to its lowest ever point against the US dollar this week, breaching the P14/USD point, as the greenback globally rose to highs ahead of the return of President-elect Donald Trump to the White House.

According to Bank of Botswana data, the pula reached P14.14 against the dollar on Monday, the lowest level the local currency has dropped to against the greenback, before recovering slightly to end the day at P14.05 by press time on Wednesday.

The central bank uses midmarket rates, meaning local currency dealers such as banks were quoting higher rates for those seeking the dollar this week.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

ECONOMY

Gov't moves to close tax gaps

Staff Writer | 1d ago

Chief judge promises fairness at tomorrow's Miss Botswana finale

Larona Makhaiza | 1d ago

High pressure mounts on fuel prices

Mbongeni Mguni | 1d ago

We respect AFCON final decision – Babitseng

Mqondisi Dube | 1d ago

Court blow rocks BPF leadership

Tsaone Basimanebotlhe | 1d ago

BPF moves to rebuild unity-Lucas

Tsaone Basimanebotlhe | 1d ago

‘Reatile, Ookeditse deal was gentleman’s agreement’

Tsaone Basimanebotlhe | 1d ago

Branch fires early warning shot as Portugal fuels title push

Kabelo Boranabi | 1d ago

A promising step for public schools, but...

For too long, the state of many public schools has been a source of shame. We have all seen the pictures and heard the stories of broken windows, unreliable water and electricity, topped by classrooms that are not fit for proper learning. The establishment of the Education Infrastructure and Management Company Ltd (EIMC) signals that authorities are finally ready to take this problem seriously. We must commend the government for this initiative....

The Monitor Editor | 17 March 2026

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

Pula hits historic low against US dollar

The local currency sank to its lowest ever point against the US dollar this week, breaching the P14/USD point, as the greenback globally rose to highs ahead of the return of President-elect Donald Trump to the White House.

Gov't moves to close tax gaps

Chief judge promises fairness at tomorrow's Miss Botswana finale

High pressure mounts on fuel prices

We respect AFCON final decision – Babitseng

Court blow rocks BPF leadership

BPF moves to rebuild unity-Lucas

‘Reatile, Ookeditse deal was gentleman’s agreement’

Branch fires early warning shot as Portugal fuels title push

A promising step for public schools, but...