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Governor Genia additionally launched the Bank’s Vision 2050, launched consistent with the anniversary celebrations. Shells, particularly the Kina and Toea, weren’t only mediums of trade but also symbols of wealth, social status, and cultural practices. “Deeply embedded in our traditions and cultural practices, shell cash also represented social standing, and it was used in marriages, deaths, and other vital ceremonies and events,” Genia defined. The arrival of colonisers marked a turning level within the nation’s financial historical past, leading to the introduction of latest currencies on 19 April 1975.
The …

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