Exchange Rate in Botswana
Botswana - Exchange RateRecently-released GDP data revealed the economy shifted into a higher gear in Q2, with annual growth accelerating to 5.3% from 4.8% in Q1. The pick-up was underpinned by stronger domestic demand, which saw capital spending grow at the fastest pace in nearly three years on the back of increased investment in machinery and equipment. Meanwhile, another disappointing export performance subtracted from growth. Given diamonds account for the bulk of overseas shipments and mineral taxes are a major source of government revenue, public finances also took a hit in Q2, with the fiscal deficit widening substantially year-on-year. Available data for Q3, however, shows that diamond exports recovered in July–August, boding well for overall economic activity in the quarter.
Botswana - Exchange Rate Data
|Exchange Rate (vs USD)||8.78||9.51||11.25||11.68||9.83|
5 years of economic forecasts for more than 30 economic indicators.
Botswana Exchange Rate Chart
Source: Thomson Reuters
|Bond Yield||5.00||0.23 %||Oct 16|
|Exchange Rate||11.62||-0.31 %||Oct 16|
|Stock Market||0.1||0.0 %||Oct 16|
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