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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.

Human rights are sacred

Bakgatla Ba Kgafela celebrate as Kgosi Kgafela’s charges are dropped

First Lady's office hosts second annual thanks giving ceremony

PSLE performance on upward trend

Bona Life tee-off Maruapula Loxion Golf journey

Cops arrest young man, seize dagga in Metsimotlhabe

Second Mogoditshane rape attack in two weeks

Suspected suicide behind Sir Seretse Khama Barracks

Human rights are sacred