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Governor Genia also introduced the Bank’s Vision 2050, launched according to the anniversary celebrations. Shells, significantly the Kina and Toea, weren’t solely mediums of commerce but in addition symbols of wealth, social standing, and cultural practices. “Deeply embedded in our traditions and cultural practices, shell money also represented social standing, and it was used in marriages, deaths, and different significant ceremonies and events,” Genia explained. The arrival of colonisers marked a turning point in the nation’s economic history, leading to the introduction of latest currencies on 19 April 1975.
Singapore’s housing mannequin, where the federal government performs a dominating position…
