Botswana’s national currency is the uae currency, which is pegged to the dollar.It is the second largest currency in Africa, after the U.S. dollar, according to the World Bank.Botswana is also a member of the African Union.Botswanians are not allowed to buy, sell, or exchange other currencies.Botshaians pay tax in the currency.Botsyans are allowed to…
Tag: botswana currency
Botswana to start exchange of cash for euros at ATMs
Botswana has begun the process of converting its cash into euros at the country’s ATMs, which is expected to bring faster cash flow to the economy and help the country cope with a shortage of cash.Botswana’s central bank says it has recorded 3.5 billion euros ($4.5bn) in cash transactions, which means it will be worth…
Botswana’s currency devalued to 0.1%
Botswana is set to devalue its liger currency, the US dollar to a symbolic 0.01% from the current value of $1.23 per pound.The move comes a day after Botswana signed a trade deal with the US that will see the two countries boost their trade by $400 million a year.Botswana, a tiny South African nation…
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