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Devaluation of PNG Currency’s has increase Nasfund’s offshore investment
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Devaluation of PNG Currency’s has increase Nasfund’s offshore investment
The National Superannuation (Nasfund) recorded a Foreign Currencies (FX) gain of K142 million, which was an improvement supported by an uplift in FX availability for offshore investment in 2025. Nasfund Chief Executive Officer (CEO) Rajeev Sharma when responding to a question in-regards to the value of PNG Kina currency dropping, stated that in terms of its impact on superannuation, Nasfund has 21 percent of portfolio overseas, so when there is …
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