The Namibian dollar and the Lesotho loti both circulate at a one-to-one ratio with the South African rand. |
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Further progress could be dampened by loti depreciation. |
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Lesotho's currency, the loti, is pegged to the South African rand and has weakened as international investors have cut their positions in emerging markets. |
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Pierre Loti was the nom de plume of Julian Viaud, a young French midshipman who, in 1872, came upon a beauty named Rarahu bathing in a sylvan pool behind Papeete. |
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Through Pierre Loti, that great magical wordsmith and the literary reference for the exotic, the imagination of several generations of readers travelled far and wide. |
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