Welcome to the Central Bank of Solomon Islands

CBSI is the premier financial institution in the country and is at the center of the banking and financial system, performing a number of essential functions, including the formulation and implementation of the country’s monetary policies.

> read more about us

Maintaining Price Stability

Our Primary Objective is to maintain price stability, Price stability is essential for sustainable economic growth and it represents one of the key outcomes that monetary policy aims to achieve.

> visit Monetary Policy

Maintaining a Stable Financial System.

An additional objective of the Central Bank of Solomon Islands, is to foster and to maintain a stable financial system.

> visit Financial Stability

KEY INDICATORS

Inflation
(May, 2020) 7.2%
GDP (2017)
Actual (source: SINSO)
Constant 2012 prices
Real GDP
SBD$ 10,547m
Nominal GDP
SBD$ 11,703m
Real GDP Growth5.3%
Foreign Reserves
(August 05, 2020)SBD $5,681m
Interest Rates
(May, 2020)
Deposit Rate0.45%
Lending Rate10.81%
Money Supply
(August 05, 2020)SBD $5,064m

LATEST NEWS

Central Bank as Manager of the External Reserves

Central Bank as Manager of the External Reserves  By FMECD & CBSI Media  Article No. : 11/2020 Last week we learned some tips about savings. This week we will look at one of the mandatory functions of the Central Bank of Solomon Islands which is, “Managing the...

Where you can save your money

Where you can save your money By CBSI Media  Article No. : 10/2020 Welcome back to another feature length article from the Central Bank of Solomon Islands (CBSI). Last week we looked at the differences between commercial banks and CBSI. This week, we take it a bit...

CBSI $5 Banknote Won Gold Medal

CBSI $5 Banknote won Gold Medal  By CBSI Media  Article No. : 08/2020 The Central Bank of Solomon Islands (CBSI) is thrilled to learn that the newly launched $5 polymer note has won a Gold Medal in the 2020 Print Industry Craftmanship Awards (PICA), an Australian...

Central Bank as Banker and Advisor to the Government

Central Bank as Banker and Advisor to the Government  By CBSI Media  Article No. : 06/2020 All central banks act as banker and adviser to their respective governments. Section 27 (1) of Central Bank of Solomon Islands Act 1976, amended in 1985 provides that CBSI shall...

EXCHANGE RATES

per
SBD
Today
12/08/2020
Last Week
05/08/2020
USD0.12160.1214
GBP0.09310.0930
EUR
0.10350.1031
AUD0.17000.1697
NZD
0.18460.1835
JPY12.949212.8496
SDR0.08630.0863
CNY0.8453 0.8475
Index109.70109.7

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