Devaluation Fails to Shake Pula’s Standing
2 Articles
2 Articles
Devaluation fails to shake Pula’s standing
Sunday Standard Devaluation fails to shake Pula’s standing Despite recent depreciation, Botswana’s Pula remains the fifth strongest currency in Africa, according to Business Insider Africa’s July 2025 ranking. Botswana maintains a crawling peg regime, managing the Pula against a currency basket split equally between the South African Rand and Special Drawing Rights (SDR) currencies. In December 2024, the Bank of Botswana adjusted the basket weig…
Batswana Brace for Another Pula Devaluation
As economic uncertainty deepens, Batswana face the looming threat of another Pula devaluation before year-end GAZETTE REPORTER Batswana are bracing for the possibility of another devaluation of the Pula before the end of the year—a development likely to compound existing economic challenges for households and businesses alike. In a sobering economic outlook,…
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