WIRE — Sunday Standard Diamond slump exposes need to rebuild forex reserves Botswana must urgently rebuild its foreign exchange reserves after a prolonged downturn in the diamond industry exposed the countrys vulnerability to external shocks, the Bank of Botswana has warned. Presenting the central banks assessment of foreign exchange reserves on Wednesday, Acting Director of the Financial Markets Department Otsile Moduka said weakening diamond exports had significantly The post Diamond slump exposes need to rebuild forex reserves first appeared on Sunday Standard and is written by Cedric Swanka
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