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“These modern currencies served as each financial instruments and national emblems of our independence and unity as a nation,” Genia famous. 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 useful sort of shell used in commerce and conventional bride value ceremonies within the Motuan Coastal villages. Governor Genia expressed the Bank’s ongoing commitment to maintaining belief and confidence in physical foreign money, at the equal time as global tendencies shift in the path of digital currencies and digital funds.