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:17/05/2024
Released:17/05/2024
USD
0.2613
AUD
0.3913
EUR
0.2402
GBP
0.2061
JPY
40.31
NZD
0.4271
SGD
0.3512