The Marshall Islands, officially the Republic of the Marshall Islands, is an island country located near the equator in the Pacific Ocean, slightly west of the International Date Line. The Marshall Islands use the U.S. dollar as their currency. This has the advantages of not having the expense of running a central bank, the currency is completely convertible, and price stability is reasonably well ensured as the Marshallese do not have the ability to print currency. ATM’s are available at Majuro and Kwaj, but it is best to take US dollars, as many places don’t have ATMs or don’t accept credit cards. Read More…
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