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Curacao (pronounced Koo-ra-sao), formerly La Curacao, is a large-format retail store chain and finance company with export, travel and money transfer services. [1] Founded in 1978, Curacao is headquartered in Los Angeles with retail locations in California, Arizona and Nevada. [ 2 ]
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For a long time this 'Maduro Money' was accepted as payment on the ABC islands. [3] However, by the early 20th century increasing industrialization following the discovery of oil in nearby Venezuela and the opening of the Panama Canal ushered in a demand for modern banking services.
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Curaçao, [a] officially the Country of Curaçao (Dutch: Land Curaçao; [10] Papiamentu: Pais Kòrsou), [11] [12] is a constituent island country within the Kingdom of the Netherlands in the southern Caribbean Sea, specifically the Dutch Caribbean region, about 65 km (40 mi) north of Venezuela.
The Caribbean guilder will replace the Netherlands-Antillean guilder as mandated by a regional constitutional reform in October 2010 that changed the political status of Curacao and St. Maarten.
The Central Bank of Curaçao and Sint Maarten (CBCS; Papiamento: Banko Sentral di Kòrsou i Sint Maarten, Dutch: Centrale Bank van Curaçao en Sint Maarten; previously the Bank of the Netherlands Antilles) is the central bank for the Netherlands Antillean guilder and administers the monetary policy of Curaçao and Sint Maarten.