Pula strong against Rand
The domestic currency, the Pula appreciated by 1.8 percent against the South African rand and depreciated by 1.9 percent against the IMF Special Drawing Rights ( SDR) in September 2022. It depreciated by 4.2 percent against the US dollar, 0.6 percent against the euro and 0.1 percent against the Chinese renminbi, while it appreciated by 3.8 percent against the British pound and remained relatively stable against the Japanese yen. Over the twelve months period to September 2022, the Pula exchange rate appreciated by 1.1 percent against the South African rand and depreciated by 5.9 percent against the SDR. Against the SDR constituent currencies, the Pula depreciated by 15.5 percent against the US dollar and 5.9 percent against the Chinese renminbi, while it appreciated by 9.8 percent against the Japanese yen, 6.3 percent against the British pound and 2.3 percent against the euro.