Palau is an archipelago of over 500 islands, part of the Micronesia region in the western Pacific Ocean. Koror Island is home to the former capital, also named Koror, and is the islands’ commercial center. The larger Babeldaob has the present capital, Ngerulmud. The country’s per capita income is one of the highest in the pacific region. The U.S. dollar is the official currency of Palau, which does not have a central bank.
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Publish date : 2024-05-21 03:00:00
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