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FX Market Turned Over K16.2 Billion (USD 3.86 Billion) in Q3
04 Nov 2025 06:39 GMT
… Bank of Papua New Guinea (BPNG) intervened in the FX market during August … the quarter, the Kina depreciated by 1.6% … banking group headquartered in Papua New Guinea. Established in 1957, … largest branch network across Papua New Guinea, Cook Islands, Fiji, …
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The Duke of Edinburgh’s very busy week celebrating Papua New Guinea’s independence
20 Sep 2025 17:36 GMT
… us.”
Edward received a kina shell as a gift from … once a form of currency and holds special value … language of Papua New Guinea.
“Today is a big day for Papua New Guinea and … Papua New Guinea, which is available here.
Duke of Edinburgh in Papua New Guinea …
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Bank of Papua New Guinea releases special notes and coins
18 Sep 2025 03:40 GMT
… McDowell. Credit: Bank of Papua New Guinea Media Unit
To mark the … Papua New Guinea is releasing PGK20 million worth of commemorative 50-kina … advertisment...
“Today, the kina and toea continue to serve … of the country’s currency – the kina and toea – was …
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Currency a message of independence in Papua New Guinea
16 Sep 2025 16:34 GMT
… governor of the Bank of Papua New Guinea, officially kicked off the nation … dollars to remain. Today, the Kina and Toea,” she said, … ’s economy.
“The 50 Kina note we launch today carries … a statesman who presented the currency at Independence, and whose …
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A timeline of Papua New Guinea’s economic journey
12 Sep 2025 02:08 GMT
Independence in 1975 saw the introduction of PNG’s own currency, the kina. In PNG’s early years, the Panguna copper mine was critical to fund the country, as was the ‘hard kina’ policy – which pegged the kina to a basket of its main trading currencies.
In …
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Kina depreciation affects ordinary people
26 Sep 2025 04:10 GMT
… of the people. Papua New Guinea has entered its Golden … currency value domestically and at the international market.
The kina … costs, and created chronic forex shortages despite PNG recording … in Mathematics, University of Papua New Guinea (UPNG) and a Diploma …
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Is Papua New Guinea’s forex crisis finally drawing to an end?
03 Jun 2025 23:45 GMT
… in forex backlogs. Credit: BAI
In welcome news for Papua New Guinea’s … of the Bank of Papua New Guinea’s March Monetary Policy … re converting their foreign currency into kina to pay their … second half, Bank of Papua New Guinea [BPNG] intervention will again …
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Finance sector forms a digital vanguard in Papua New Guinea
30 May 2025 03:11 GMT
… transformation,” observed the Bank of Papua New Guinea’s Governor, Elizabeth Genia, … into a central bank digital currency for PNG.
“The big …
While a blockchain-enabled currency is just a concept … ’s second-largest bank, Kina Bank, is also investing heavily …
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Bank of PNG Raises Kina Facility Rate to 5.0% as Inflation Eases
12 Sep 2025 16:23 GMT
… , the Committee increased the Kina Facility Rate (KFR) from … is intended to support the currency and maintain price stability. … to US tariffs. Domestically, Papua New Guinea’s economy is expected to … inflows, a more stable FX market and the start of interbank …
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BPNG raises policy rate to 5.0%, eases bank reserve rule to steady kina and growth
08 Sep 2025 03:58 GMT
The Bank of Papua New Guinea (BPNG) has raised its … move designed to strengthen the kina, manage inflation, and keep … inflationary pressure caused by the kina’s gradual depreciation under … the kina’s crawl-like arrangement, noting that the currency had …