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Institution

Bank of Botswana

Central Banks and Monetary Authorities

The Bank of Botswana is the central bank of Botswana, established on July 1, 1975 after the country withdrew from the Rand Monetary Area, and headquartered in the capital, Gaborone. It manages monetary policy, issued the Botswana pula when it replaced the South African rand as legal tender on August 23, 1976, and manages the country's sovereign wealth fund, the Pula Fund; it held foreign reserves of about 7.39 billion dollars.

Facts
Founding Year
1975 1
Established by the Bank of Botswana and Financial Institutions Act following the 1974 withdrawal of Botswana from the Rand Monetary Area.
Founding Date
1975-07-01 1
Headquarters
Gaborone, Botswana 1
Geography
Country or Jurisdiction Served
Botswana 2
Wikidata Q859830, property P17 (country).
Classification
Institution Subtype
Central Bank 1
In the Other Atlases
Sources
1. Wikipedia: Bank of Botswana
Wikimedia Foundation
  • Lead section, second paragraph
    to be established in July 1975
  • Infobox, headquarters
    Gaborone, Botswana
  • Infobox, established
    1975 7 1
  • Introduction, institution-subtype
    The Bank of Botswana is the central bank of Botswana, established on July 1, 1975 after the country withdrew from the Rand Monetary Area, and headquartered in the capital, Gaborone.
View the Source
2. Wikidata
Wikimedia Foundation
Wikidata: Bank of Botswana
Wikidata Q859830, class allow-list match (w-wdresolver-0926)View the Source
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