Month: April 2017

Press Release – Monetary Policy Stance – March 2017

At its meeting on March 29 2017, the Board of the Central Bank of Solomon Islands (CBSI) resolved to maintain the accommodative monetary policy stance for the next six months. CBSI Governor and Chairman, Mr. Denton Rarawa said the low inflation environment provided policy space for the Bank to continue with its accommodative monetary policy stance to allow the economy to grow....

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Press Release – December 2016 Quarterly Economic Review

The Central Bank of Solomon Islands (CBSI) has published the Bank’s 2016 December Quarterly Economic Review on the CBSI website (www.cbsi.com.sb) on April 10th, 2017. The December Economic Review provides an assessment of how the domestic economy performed in 2016 and it’s near term macroeconomic outlook.  ...

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Key Statistics

Inflation
(November, 2017) 1.6%
GDP (2016)
RGDP (Real) *estimates SBD$ 4,607m
NGDP (Nominal) *estimates SBD$ 8,504m
Real GDP Growth3.5%
Foreign Reserves
(January 10, 2018)SBD $4,804m
Interest Rates
October, 2017)
Deposit Rate0.34%
Lending Rate10.50%
Money Supply
(January 10, 2018)SBD $4,812m

Exchange Rates

per
SBD
Today
19/01/2018
Last Week
12/01/2018
USD0.12870.1284
GBP0.09300.0950
EUR
0.10550.1071
AUD0.16150.1631
NZD
0.17690.1777
JPY14.312114.3041
SDR0.08940.0901
CNY0.82800.8360
Index105.0105.6

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