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Pula hits historic low against US dollar

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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.

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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.

'Face to face with the man who tried to kill me'

Couple perishes in suspected 'passion killing' crash

Dimajwe duo arrested after missing assault victim found buried

Dikoloti escapes injury after car hits cow

Five-year-old boy hospitalised after road accident in Mogoditshane

UDC rolls out 'promised' child grant

BPF to hold first youth, women congresses

Of borrowed wheels and brand new GD6

Two-tier education system demands action