Business & Finance

The Pula appreciated by 0.9 percent against the South African rand

The Pula appreciated by 0.9 percent against the South African rand and depreciated by 1.2 percent against the IMF Special Drawing Rights (SDR) over the one-month period to September 2020. The Pula depreciated against most of the SDR constituent currencies; it depreciated by 2.4 percent against the Chinese renminbi, 2 percent against both the US dollar and the Japanese yen and 0.1 percent against the euro, while it appreciated by 1.5 percent against the British pound.
Over the twelve months period to September 2020, the nominal Pula exchange rate appreciated by 7.3 percent against the South African rand and depreciated by 8.3 percent against the SDR. Against the SDR constituent currencies, the Pula depreciated by 11.6 percent against the euro, 9.5 percent against the Chinese renminbi, 9.4 percent against the British pound, 7.3 percent against the Japanese yen and 5.5 percent against the US dollar.

Source: Bank of Botswana