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
(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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