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
(January , 2020) 4.4%
GDP (2017)
Actual (source: SINSO)
Constant 2012 prices
Real GDP
SBD$ 10,547m
Nominal GDP
SBD$ 11,703m
Real GDP Growth5.3%
Foreign Reserves
(March 25, 2020)SBD $4,705m
Interest Rates
(December, 2019)
Deposit Rate0.38%
Lending Rate10.40%
Money Supply
(March 25, 2020)SBD $5,021m

Exchange Rates

per
SBD
Today
03/04/2020
Last Week
27/03/2020
USD0.12040.1205
GBP0.09720.0991
EUR
0.11090.1093
AUD0.19900.1991
NZD
0.20370.2048
JPY12.994813.2002
SDR0.08830.0884
CNY0.8549 0.8550
Index118.0118.2

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