This is because overseas economies are likely to grow faster than the historical long-term average and accommodative monetary policies based on low interest rates attract a more positive response through increased investment activity and optimistic growth expectations.
This facility assures efficient handling and delivery of quality service to commercial banks, and generally enhances efficiency in the national cash management cycle. Although banknotes and coin continue to be a major medium of exchange in Botswana, non-cash transactions, especially electronic transfers, have gained considerable ground.