US dollar strength threatens pump price recovery
Monday, October 03, 2022 | 960 Views |
Unsteady times: The recent reduction in global crude prices
could be undone by the stronger US dollar PIC: MORERI SEJAKGOMO
On Wednesday the dollar, the currency in which global oil is transacted, reached P13.42 according to the Bank of Botswana website, possibly an all-time high according to available records.
The peak came after weeks of strengthening during which the US dollar has frequently traded above P13 to the pula.
BDF camps are military camps, and there is a need for stricter rules and regulations to safeguard their operations as well as ensure the safety of civilians. Of course, military personnel are human, and they have relatives as well as girlfriends and boyfriends, but the fact remains that the BDF is responsible for ensuring national security and stability and, as such, will be one of the first targets in the event of possible attacks. The decision...