GABORONE, Jan. 5 (Xinhua) -- Botswana is planning to allow a 1.51 percent depreciation of its currency until December 2024 to counter inflation, the finance minister has announced. The depreciation ...

Technocrats at the Ministry of Finance and the Bank of Botswana are crunching numbers and measuring impact ahead of the December review of the pula exchange rate policy, as some experts advise that ...

Considered an African success story, Botswana still struggles to end its dependence on diamond mining and develop a diversified economy. Botswana is an upper middle-income country touted as one of ...

Botswana has set its pula currency to lose value at a faster rate this year, a senior official said Monday, as it seeks to boost export competitiveness after the COVID-19 pandemic has had a deep ...

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GABORONE, June 29 (Reuters) - Botswana's foreign exchange reserves have dropped by around 41% in the past six years and the country is considering issuing its first-ever hard currency bond to shore up ...

Botswana devalued its pula by 12 percent against a basket of currencies on Monday in a surprise move which the central bank said was in line with its aim of having a "stable and competitive real ...

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those ...

Bitcoin is gradually taking roots in Africa, although painfully slow. Nevertheless, there is refreshing news on a daily basis that makes the drive to push Bitcoin penetration in the so-called ...

GABORONE (Reuters) - Botswana has set its pula currency to lose value at a faster rate this year, a senior official said Monday, as it seeks to boost export competitiveness after the COVID-19 pandemic ...