Botswana Stock Exchange And Rates

The BSE rose to its fifth consecutive all-time high with a rise of over 3% over the week ending 27 March, 1997. The index has risen 13% in Pula terms and 16% in dollar terms since 1 January, 1997.

KEY RATES        21.3.97           14.3.97
INFLATION          9.40%             9.10%
BANK RATE         12.50%            12.50%
PRIME RATE        14.00%            14.00%


EXCHANGE RATES
US$               0.2817            0.2817
$Stg              0.1771            0.1768
ZARand            1.2494            1.2460
DM                0.4763            0.4803
ZM$               3.1790            3.1531
Yen              34.7200           34.9100
Can$              0.3883            0.3850
ECU               0.2454            0.2454
SDR               0.2046            0.2058

The content of this article is intended to provide general information on the subject matter. It is not therefore a substitute for specialist advice.

Minchin & Kelly (Botswana) - Gaborone +267 312734

c Business Monitor 1997 - Tel +44 (0) 171 820 7733.