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The exhibition supplied an opportunity to explore the fascinating historical past of PNG forex and its unique place in the nation’s improvement. Displaying cultural richness and variety, attendees had been reminded of the significance 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 formally declared the exhibition open on behalf of the Governor of BPNG, Elizabeth Genia, in her absence. “It is an honour to face earlier than you today as we open the Kina and Toea Exhibition, a showcase of our nation’s rich and evolving economic historical past as part of the Bank’s fiftieth anniversary celebrations,” Governor Genia stated.
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She supplied insights into the cultural significance of the Kina and Toea, explaining that the word “Kina” is present in each the Pidgin and Kuanua languages and describes the priceless pearl shell extensively traded in PNG’s Highlands and Coastal areas. Similarly, “Toea” refers to a priceless type of shell used in commerce and traditional bride price ceremonies within the Motuan Coastal villages. Governor Genia expressed the Bank’s ongoing dedication to maintaining belief and confidence in physical forex, whilst international tendencies shift in the path of digital currencies and electronic payments. “This exhibition provides a novel alternative to mirror and appreciate how far we’ve come and to consider how we are in a position to proceed to honour our heritage whereas embracing the longer term,” she said. The exhibition was designed to take attendees on a journey by way of PNG’s history, showcasing photographs of uncommon artefacts, coins, and notes that have shaped the country’s economy. The launch was attended by distinguished guests, partners, stakeholders, the staff and management of BPNG, and the media.
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