Asset

Botswana pula / South African rand

BWPZAR
forex
$1.32
stockPerformance $-0.023 (-1.67%)
Updated: 18 Jan, 2:59 pm UTC
No Trading Data Available
Description
The Botswanan Pula is the official currency of Botswana, a southern African nation. It is used for domestic transactions and for international transactions, such as investing and financial markets. The Pula is backed by the Botswana government and is highly liquid and stable. Investors use the Pula to purchase securities, such as stocks and bonds, as well as to use for day trading and speculation. The Pula also serves as a conduit for remittances and foreign investment into Botswana, and is used to help maintain a balanced international payments system. Overall, the Pula is an important part of Botswana's economy and financial markets.