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“These contemporary currencies served as each financial devices and national emblems of our independence and unity as a nation,” Genia noted. She offered insights into the cultural significance of the Kina and Toea, explaining that the word “Kina” is present in both the Pidgin and Kuanua languages and describes the priceless pearl shell extensively traded in PNG’s Highlands and Coastal regions. Similarly, “Toea” refers to a priceless kind of shell utilized in commerce and traditional bride price ceremonies within the Motuan Coastal villages. Governor Genia expressed the Bank’s ongoing commitment to sustaining belief and confidence in bodily currency, whilst global trends shift towards digital currencies and digital funds. “This exhibition provides a novel opportunity to reflect and respect how far we now have come and to contemplate how we are in a position to proceed to honour our heritage while embracing the longer term,” she mentioned. The exhibition was designed to take attendees on a journey via PNG’s history, showcasing images of rare artefacts, coins, and notes that have shaped the country’s financial system.

Business Today is considered one of Kenya’s main business news organization, reputed for its authority, accuracy and professionalism. Xi Jinping’s major fiscal stimulus package, which could have capitalised on the large bounce within the sharemarket, has thus far did not materialise. The company chief runs a personal messy-desk policy at the office. One in eight women shall be identified with invasive breast cancer in their lifetimes, based on the American Cancer Society.

The exhibition offered a possibility to explore the fascinating history of PNG foreign money and its unique place in the nation’s growth. Displaying cultural richness and variety, attendees had been reminded of the importance of forex as a reflection of PNG id, values, and traditions. The Assistant Governor of Corporate Affairs, Mr Ron Sikar, gave the opening speech and officially declared the exhibition open on behalf of the Governor of BPNG, Elizabeth Genia, in her absence. “It is an honour to stand Business News before you right now as we open the Kina and Toea Exhibition, a showcase of our nation’s rich and evolving economic history as part of the Bank’s 50th anniversary celebrations,” Governor Genia said. She highlighted that the event is particularly significant as it precedes the 50th anniversary of both the nation’s forex and the nation itself.