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Over the twelve months period to September 2024, the nominal Pula exchange rate depreciated by 4.8 percent against the South African rand and...

The Monetary Policy Rate (MoPR) was unchanged at 1.9 percent of the previous week, for a paper maturing on 9 October 2024. The summarised results of...

The Monetary Policy Rate (MoPR) was unchanged at 1.9 percent of the previous week, for a paper maturing on 2 October 2024. The summarised results of...

The Monetary Policy Rate (MoPR) was unchanged at 1.9 percent of the previous week, for a paper maturing on 25 September 2024. For the 1-month BoBC...

Economic Indicators

Date CPI CPIT CPIXA
Sep 2024 3.90 3.70 3.20
Jul 2024 3.70 3.50 2.90
Jun 2024 2.80 2.60 2.70
May 2024 3.00 2.80 3.00
Apr 2024 3.10 2.90 3.10
Mar 2024 2.90 2.60 3.70
Date 7 Day Monetary Policy Rate 1 Month BoBC
27 Sep 2024 1.90 1.90 2.27
26 Sep 2024 1.90 1.90 2.27
25 Sep 2024 1.90 1.90 2.27
24 Sep 2024 1.90 1.90 2.27
23 Sep 2024 1.90 1.90 2.27

BoBC Rate

Monetary Policy Rate:

1.90

The Bank maintains the capability to analyse all key economic policy issues that impact on the economy of Botswana, including both domestic and international developments.

Financial stability refers to a well-functioning, liquid, solvent and sound financial system that efficiently facilitates payments, pools funds and allocates resources to the most productive sectors of the economy.

The Bank of Botswana (Bank) promotes financial stability in the country through the regulation and supervision of banks and other financial institutions.

The Bank of Botswana has legislative oversight of the National Payments System (NPS) in Botswana which ensures the effective functioning of all processes relating to financial payments and settlements.

The Bank of Botswana has been issuing currency (notes and coin) since August 1976 when the national currency, the Pula, was first introduced.

The bank of Botswana engages in a variety of operations in domestic financial markets, covering money, bond markets, and foreign exchange markets.

Recent Documents

Advance Release Calendar

1.90

Monetary Policy Rate
August 2024

BWP 64949 USD 4800 SDR3618

Foreign Exchange Reserves (Millions)
July 2024

3.9

Current Inflation Rate
August 2024
Objective Range 3 - 6 %

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