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dc.contributor.author Motlaleng, G.R.
dc.date.accessioned 2012-05-09T13:18:42Z
dc.date.available 2012-05-09T13:18:42Z
dc.date.issued 2009
dc.identifier.citation Motlaleng, G. R. (2009) Botswana's crawling-peg exchange rate system: trends and variations in the pula exchange rate, Botswana Notes & Records, Vol. 41, pp. 104-111 en_US
dc.identifier.uri http://hdl.handle.net/10311/1008
dc.description.abstract This paper aims to show trends and variations in the Botswana Pula exchange rate before and after the introduction of the crawling-peg exchange rate system. The survey indicates that previous devaluations not accompanied by the crawling-peg exchange rate system were short-lived. It is shown that since the adoption of the crawling-peg exchange rate system the Pula has been depreciating. Additionally, the variance and the standard deviation revealed that variations in the nominal bilateral Pula exchange rates have been minimal since the adoption of the crawling-peg exchange rate system. To corroborate the foregoing, both the variance and the standard deviation are computed for the nominal and real effective exchange rate of the pula against major currencies using quarterly data. The findings also suggest that the variations have been minimal after the crawling peg. This is shown by small variance and the standard deviation of both the nominal and real effective exchange rates. This implies stability in the Pula exchange rate and positive results of the crawling-peg exchange rate policy regime. en_US
dc.language.iso en en_US
dc.publisher Botswana Society, http://www.botsoc.org.bw en_US
dc.subject Exchange rate en_US
dc.subject.lcsh Exchange rate--Botswana en_US
dc.title Botswana's crawling-peg exchange rate system: trends and variations in the pula exchange rate en_US
dc.type Published Article en_US
dc.link http://ehis.ebscohost.com/eds/results?sid=89a14187-7a43-47f1-b1ed-eb2010aa28a5%40sessionmgr15&vid=2&hid=2&bquery=AU+(Mookodi+g)&bdata=JnR5cGU9MCZzaXRlPWVkcy1saXZl en_US


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