Monetary & Banking 

Country name:

conventional long form: Republic of the Marshall Islands
conventional short form: Marshall Islands
former: Marshall Islands District (Trust Territory of the Pacific Islands)

 

Capital:

Majuro

 

Location:

Oceania, group of atolls and reefs in the North Pacific Ocean, about one-half of the way from Hawaii to Australia

 

Area:

total: 181.3 sq km
land: 181.3 sq km
water: 0 sq km
 

Population:

57,738 (July 2004 est.)

 

Languages:

English (widely spoken as a second language, both English and Marshallese are official languages), two major Marshallese dialects from the Malayo-Polynesian family, Japanese

 

Economy- Overview:

 

Industries:

copra, fish, tourism, craft items from shell, wood, and pearls

 

Exports - commodities:

copra cake, coconut oil, handicrafts, fish

 

Imports - commodities:

foodstuffs, machinery and equipment, fuels, beverages and tobacco

 

Exchange rates: