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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 (RMA). 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 July 1975, with Christopher H. L. Hermans as the first Governor. The
Bank of Botswana official site
Botswana Economy of Botswana Government of Botswana Banks of Botswana Banks of Gaborone Banks established in 1975 1975 establishments in Botswana {{Botswana-stub
pula
Pula (; also known as Pola, it, Pola , hu, Pòla, Venetian language, Venetian; ''Pola''; Istriot language, Istriot: ''Puola'', Slovene language, Slovene: ''Pulj'') is the largest city in Istria County, Croatia, and the List of cities and town ...
was launched as a national currency in 1976, and in 1977 the Bank of Botswana became the government banker.
The Bank manages Botswana's sovereign wealth fund, the Pula Fund
The Pula Fund is the sovereign wealth fund of Botswana. In December 2021 the fund had US$4.1 billion in assets under management.
History
The Pula Fund was established in November 1993, to invest surplus revenues from diamond exports.
In 1997, ...
.
History
Governors of the Bank of Botswana
* July 1975 - 1978: Christopher H. L. Hermans * January 1978 - 1980: Brenton C. Leavitt * November 1980 - 1981: Festus Mogae * January 1981 - June 1987: Charles Nyonyintono Kikonyogo * July 1987 - 1997: Christopher H. L. Hermans * July 1997 - September 1999: Baledzi Gaolathe * October 1999 - 2016: Linah Mohohlo * 21 October 2016 – present: Moses PelaeloSee also
*Central banks and currencies of Africa
There are two African currency unions associated with multinational central banks; the West African Banque Centrale des États de l'Afrique de l'Ouest (BCEAO) and the Central African Banque des États de l'Afrique Centrale (BEAC). Members of both ...
* Economy of Botswana
* Minister of Finance (Botswana)
* List of central banks
References
External links
Bank of Botswana official site
Botswana Economy of Botswana Government of Botswana Banks of Botswana Banks of Gaborone Banks established in 1975 1975 establishments in Botswana {{Botswana-stub