According to the Asian Development Bank’s May 2018 update, contracts for the US$800 million (K2.5 billion) multi-tranche funding to rehabilitate Papua New Guinea’s 430km highlands highway will be awarded between August and September.
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Kina exchange rate
The Papua New Guinea kina’s exchange rates (mid-rates) against its main trading currencies, as at 10 September, 2018
USD 0.3010
AUD 0.4177
GBP 0.2287
EUR 0.2573
NZD 0.4560
JPY 33.70
SGD 0.4124
Source: Bank of PNG
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