BPNG – Griffith University joint policy Research Working papers

BPNG-Griffith University Collaborative Research Working Papers

The Joint Policy Research Working Papers Series endeavours to disseminate the findings of work in progress to academics, governments and the public at large to encourage the exchange of ideas relating to the development of the South Pacific financial sector and thereby national economic growth and development. Views expressed in these papers are entirely those of the Authors and do not necessarily represent views of the respective institutions.

The text of published papers and the titles of upcoming authors can be found on South Pacific Centre for Central Banking on the Griffith Asia Institute webpage:


Policy Research Working Paper #7 2019

Money, reserves and the transmission of monetary policy: Does money multiplier hold in Pacific Island countries? The case of Papua New Guinea

By Mark Ofoia, Tarlok Singhb,c, Jen-Je Sub,c and Parmendra Sharmab,c
aBank of Papua New Guinea  bDepartment of Accounting, Finance and Economics, Griffith University cGriffith Asia Institute, Griffith University

Kina exchange rate (MIDRATE)

Last Updated:

Kina Facility Rate:

    • Aug 2019  5.50%
    • Jul 2019  6.00%
    • Jun 2019  6.25%
    • May 2019  6.25%
    • Apr 2019  6.25%
    • Mar 2019  6.25%
    • Feb 2019  6.25%
    • Jan 2019  6.25%