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Shells, particularly the Kina and Toea, were not solely mediums of trade but in addition symbols of wealth, social standing, and cultural practices. “Deeply embedded in our traditions and cultural practices, shell money also represented social status, and it was utilized Business News in marriages, deaths, and different important ceremonies and occasions,” Genia explained. The arrival of colonisers marked a turning point in the country’s economic historical past, leading to the introduction of latest currencies on 19 April 1975.
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