The Pula depreciated by 3.1 percent against the South African rand

The Pula depreciated by 3.1 percent against the South African rand and appreciated by 2.4 percent against the IMF Special Drawing Rights (SDR) over the one-month period to July 2023. It appreciated by 3.4 percent against the US dollar, 1.9 percent against the euro, 1.7 percent against the Chinese renminbi, 1.4 percent against the British pound and 1.3 percent against the Japanese yen.

Over the twelve months period to July 2023, the nominal Pula exchange rate appreciated by 2.5 percent against the South African rand and depreciated by 5.7 percent against the SDR. Against the SDR constituent currencies, the Pula depreciated by 11 percent against the euro, 9.1 percent against the British pound and 4.4 percent against the US dollar, while it appreciated by 2.2 percent against the Japanese yen and 1.3 percent against the Chinese renminbi.