UPNG Economic Lecturer, Kelly Samof says to facilitate these purchases the country needs foreign currency on a daily basis continuously. He explains that on the supply side, the main sources of foreign currency are receipts from exports and payments from resource companies such as royalties. Speaking at the media briefing on Foreign Exchange (forex) today, Mr Samof said given the country's small and relatively underdeveloped manufacturing sector, there is a high demand to import a variety manufactured goods for households and business use.

https://www.looppng.com/business/lecturer-keep-foreign-currency-afloat-118136

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