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Byline: Brian Benza
The pula has slipped by more than 20 percent against the dollar in the past two months as the exchange rate indirectly feels the heat of the global financial crisis.
Two months ago, the pula was trading at just under P7 per dollar, but it has now weakened to as low as P8.7 per dollar, following in the footsteps of the currency of Botswana's biggest trading partner, the South African Rand.
The unfolding global financial crisis, which has seen international credit lines squeezed, has taken a huge toll on the rand as South Africa depends on the international markets for its balance of payments support.
Over the same …