As a thinly traded currency, the kina has been protected from some of the volatility affecting world markets in the wake of COVID-19, but that presents its own set of problems.
Forex squeeze: is Papua New Guinea’s stable kina a liability?
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1 Apr 2020 by Leave a Comment
Papua New Guinea’s mid-year economic report paints gloomy picture, with some positives
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2 Aug 2016 by Leave a Comment
The Papua New Guinea government has released its Mid-Year Economic and Fiscal Outlook Report. GDP growth is expected to be weak, tax revenue is lower than expected and public debt is rising above the legislated limit.
What’s on the agenda for Papua New Guinea business in 2016?
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20 Jan 2016 by Leave a Comment
As Papua New Guinea business gets back to work for a new year, Business Advantage PNG looks ahead to consider what 2016 may bring.
Bank of Papua New Guinea intervenes on kina
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5 Jun 2014 by 3 Comments
The Bank of Papua New Guinea this week made a surprising move to support a weakening currency, at the same time acting to restrict the margins being made by the country’s foreign exchange dealers.
Government, economists see positives in falling kina for Papua New Guinea
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21 Nov 2013 by Leave a Comment
Government ministers and influential economic analysts have welcomed the recent fall in the value of the kina, saying it will boost demand for exports.
Around the world: Kina overvalued/military build-up/Toyota rebounds
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20 Feb 2013 by Leave a Comment
The revelation last week—via an HSBC report—that the Australian dollar is the most overvalued in the world makes you wonder about the PNG kina.
Around the world: PNG politics/A-G speaks/currency wars/Davos
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4 Feb 2013 by
Honeymoon over for PNG Government? According to the Lowy Institute’s Informer blog the honeymoon period is now over for the O’Neill Government and ‘it’s business as usual in PNG politics.’ Interview with new Attorney-General Papua New Guinea’s new attorney-general, Kerenga Kua, tells Radio Australia he wants to ensure transparency in the fight against corruption in […]
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