Pula slips against the dollar, firms against the rand

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The pula has slipped by more than 20 percent against the dollar in the past two months as the exchange rate indirectly feels the heat of the global financial crisis.

Two months ago, the pula was trading at just under P7 per dollar, but it has now weakened to as low as P8.7 per dollar, following in the footsteps of the currency of Botswana's biggest trading partner, the South African Rand.

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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