Legislation
Botswana Ministry of Finance: Pula Regime Retained, Affecting Banks
Botswana·Wire Summary⏱️ 1 min read
The government has retained the weaker Pula regime introduced during last year’s foreign-exchange reserves squeeze, preserving a policy that raises the cost of foreign currency for commercial banks and funnels more trading into the interbank market. In its latest review, the Ministry of Finance confirmed that the Pula will continue its 2.76 percent annual downward […]
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