DEVALUATION definition and meaning | Collins English Dictionary
DEVALUATION definition and meaning | Collins English Dictionary
Dec 12, 2011
collinsdictionary.com
BANK OF BOTSWANA GOVERNOR EXPLAINS PULA DEVALUATION Bank of Botswana governor Mr Cornelius Dekop says the recent devaluation of Pula currency is meant to protect the economy and help to accumulate sufficient foreign reserves. In an interview today, the governor stated that success of the devaluation framework was dependent on sustaining foreign exchange reserves which could be achieved through reduction of imports and promoting local production of food and raw materials. VIDEO: Portia Ikgopoleng
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