Papua New Guinea’s central bank, the Monetary Policy Committee (MPC), decided to maintain the Kina Facility Rate (KFR) at 5.0percent following its June 2026 meeting. The Cash Reserve Requirement (CRR) was also held steady at 9.0percent. The MPC justified its decision by stating the Kina remains overvalued and opted to continue its existing crawl-like exchange rate policy. This indicates a cautious approach to monetary policy, prioritizing exchange rate stability. The decision aims to address perceived currency imbalances within the nation’s economy. Access to the full report is restricted to paid subscribers of the Post Courier. The MPC’s actions suggest a focus on maintaining the current economic trajectory despite external pressures.