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Exchange Rate: Pula basket weight changed.

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His Excellency the President, after consultation with the Bank of Botswana, has approved the recommendation by the Minister of Finance and Development Planning to change the weights in the Pula basket to 50 percent South African rand and 50 percent IMF’s Special Drawing Rights (SDR). The basket previously comprised 55 percent rand and 45 percent SDR. For 2015, the rate of crawl of the Pula against the basket will be zero.

 

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