interest rates

Exterior of Bank of PNG's headquarters in Port Moresby, pictured from above.

Banking & Finance, Economy & Investment, Features, Interviews

Economic growth is key to easing foreign exchange crunch, says Bank of Papua New Guinea Chairman

31 Jan 2024 by Business Advantage PNG

Chairman of the Bank of PNG, David Toua, talks exclusively about reforms to the central bank, the foreign exchange situation, interest rates and the phasing out of bank cheques.

Sovereign bond an ‘important milestone’ for Papua New Guinea that should affect interest rates, says BSP’s Fleming

9 Oct 2018 by David James

The US$500 million sovereign bond raising will improve foreign exchange cash flows, according to Robin Fleming, Chief Executive of Bank South Pacific. He tells Business Advantage PNG that it represents an ‘important milestone’ for Papua New Guinea’s financial system.