Without the existence of a central bank in PNG, can Papua New Guinea have a proper monetary policy system?
No. As per the Bank of Papua New Guineas objectives, one of the objectives is to formulate and implement monetary policy with a view to achieving and maintaining price stability.
Kina exchange rate (MIDRATE)
Last Updated:
Released:06/05/2024
Released:06/05/2024
USD
0.2623
AUD
0.3966
EUR
0.2437
GBP
0.2091
JPY
40.37
NZD
0.4368
SGD
0.3546