Governor Moses Dinekere Pelaelo Website bankofbotswana.bw Headquarters Gaborone | Bank rate 5.5% Central bank of Botswana Founded 1 July 1975 | |
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Established 1 July 1975 (1975-07-01) Currency Botswana pula
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The Bank of Botswana (BoB) is the central bank of Botswana.
When Botswana gained independence from Britain in 1966, the country was part of the Rand Monetary Area. In 1974 Botswana withdrew from the RMA, and the Bank of Botswana and Financial Institution Acts established the legal framework for a central bank in Botswana to be established in 1975. The pula was launched as a national currency in 1976, and in 1977 the Bank of Botswana became the government banker.
Governors of the Bank of Botswana
References
Bank of Botswana Wikipedia(Text) CC BY-SA