Foreign exchange benchmarks are typically calculated from actual spot trades over a short predetermined time period (or “window”) each day. It has been alleged that foreign exchange traders at some large financial institutions exchanged information about their clients’ orders with a view to positioning themselves advantageously in the market.
However, what has been lacking is the development of financial education materials, particularly development of Curriculum(s) so that “Financial Education” can be mainstreamed to all levels and forms of education and educational institutions in PNG.