Pula loses against pound

The Bank of Botswana (BoB) has announced that on a year to date basis, the local currency has lost the most against the British pounds at 8.1 percent.  In the period the pula has also lost against the dollar (1.7 percent), euro (1.2 percent) while appreciating against the rand (1.3 percent) and the yen (3.8 percent) respectively. In August alone, the pula depreciated against the rand (0.5 percent) and the dollar (0.3 percent) while appreciating against the pound (1.6 percent), euro (1.4 percent) and the yen (0.6 percent) in August.