Month: April 2016

Press Release: December 2015 Quarterly Economic Review Released

(Honiara 15.04.16) – The Central Bank of the Solomon Islands (CBSI) has published the December 2015 Quarterly Economic Review on the CBSI website (www.cbsi.com.sb) today. The December Economic Review contains an assessment of how the domestic economy performed in 2015 as well as the near term macroeconomic outlook....

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Press Release: IMF Mission Team here to advise

(Honiara 27.01.16) – International Monetary Fund (IMF) Mission Chief of Solomon Islands and Chief of the Small States Unit (SSU) Ms. Patricia Tumbarello arrived in Honiara this week with her team. For more detail Download our Press Release below or visit our Press Release page...

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Press Release: CBSI monetary policy stance for the next 6 months

Following a Central Bank of Solomon Islands (CBSI) Board of Directors meeting on 06 April 2016, the Governor and Chairman of the Board, Mr Denton Rarawa announced that the CBSI monetary policy stance for the next 6 months will remain accommodative. This compliments the expansionary policy of the Government which aims at growing the economy and address the development needs of the country....

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Key Statistics

Inflation
(October, 2019) 2.1%
GDP (2016)
Actual (source: SINSO)
Real GDP
SBD$ 4,603m
Nominal GDP
SBD$ 8,606m
Real GDP Growth3.4%
Foreign Reserves
(January 08, 2020)SBD $4,902m
Interest Rates
(November, 2019)
Deposit Rate0.38%
Lending Rate10.47%
Money Supply
(January 08, 2020)SBD $5,057m

Exchange Rates

per
SBD
Today
23/01/2020
Last Week
16/01/2020
USD0.12180.1220
GBP0.09290.0937
EUR
0.10990.1095
AUD0.18060.1768
NZD
0.18470.1848
JPY13.390413.4136
SDR0.08830.0831
CNY0.8409 0.8405
Index111.7111.3

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