I want to create column with datatype as money in PostgreSQL

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I have created a column in my PostgreSQL Database with datatype 'money'. I wanted to enter $7.9,$8.5,...kind of values into it. Now, I am getting error whenever I am trying to import data into it. Also, my default lc_monetary is 'ENGLIS INDIA.1252'. SInce, my datast has $ symbol into it, I wanted to change the same with 'en_US.UTF-8' but again I am getting error. Can you please help me and spot the mistake I am doing?

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