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Governor Genia also introduced the Bank’s Vision 2050, launched consistent with the anniversary celebrations. Shells, notably the Kina and Toea, weren’t solely mediums of commerce but additionally symbols of wealth, social standing, and cultural practices. “Deeply embedded in our traditions and cultural practices, shell cash additionally represented social standing, and it was utilized in marriages, deaths, and other important ceremonies and events,” Genia explained. The arrival of colonisers marked a turning point within the country’s economic historical past, leading to the introduction of latest currencies on 19 April 1975. “These up to date currencies served …
