Kina stable despite depreciation

THE depreciating kina is a result of a slowdown in LNG construction work and falling commodity prices, according to Bank of Papua New Guinea Governor Loi Bakani.

Kina stable despite depreciation Kina stable despite depreciation Kina stable despite depreciation Kina stable despite depreciation Kina stable despite depreciation

Bakani said PNG could "easily weather the storm of the depreciating kina" and moved to dispel fears of a knock-on effect on the government, businesses and individuals.

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