Exchange Rate in Botswana

Botswana Exchange Rate | Economic News & Forecasts

Botswana - Exchange Rate

Persistently challenging external conditions likely curbed the economy’s growth in the second quarter, after activity picked up in the first quarter. Merchandise exports fell more sharply in Q2, reflecting lower overseas sales of diamonds, which account for the lion’s share of total exports. At the same time, imports accelerated in the quarter, thus translating into a greater drag on growth by the external sector. Meanwhile, domestic demand metrics were mixed. A slowdown in credit to businesses likely constrained private-sector activity in the quarter, although increased bank lending to households should have buttressed consumption spending together with higher wages. In a bid to shore up lackluster activity, on 29 August, the Bank cut the policy rate by 25 basis points to an all-time-low of 4.75%, amid below-target inflation and well-anchored expectations.

Botswana - Exchange Rate Data

2013  2014  2015  2016  2017  
Exchange Rate (vs USD)8.78  9.51  11.25  10.68  9.83  

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Botswana Exchange Rate Chart

Botswana Exchange Rate
Note: Exchange Rate, AOA per USD (eop).
Source: Thomson Reuters

Botswana Facts

Bond Yield4.960.23 %Sep 04
Exchange Rate10.93-0.31 %Sep 04
Stock Market1.30.0 %Sep 03

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