Month: May 2017

Vacancy: Assistant Security Officer

The Central Bank of Solomon Islands is seeking to recruit a suitable and qualified person for the position of Assistant Security Officer within the Human Resource & Corporate Services Department.

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What NPF’s new saving scheme is

What NPF’s new saving scheme is By Natasha Eddie, CBSI Communications Officer Article No. : 03/2017 For so long, those in the informal sectors have been excluded from joining Solomon Islands Provident Fund. But with the...

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CBSI Role in the Cash Cycle

Many people still do not understand how cash circulates with in our economy and often express their interest in knowing more about the role of Central Bank of Solomon Islands (CBSI) in this area. This article describes the role of the Central Bank in the cash cycle and aims to inform the public of how the cycle works in general, in order for people to understand and
appreciate the role CBSI plays in maintaining smooth circulation. The full article and currency movement chart can be downloaded below.

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Debt – Growth Nexus the Case for Solomon Islands

External borrowing or debt is a common practice in developing and least developed countries around the world for various reasons. If local borrowing is limited, these countries depend on sourcing external funds to subsidize their deficit budgets or cushion revenue shortfalls and to fund major infrastructure or development projects.The full article can be downloaded below.

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Key Statistics

Inflation
(January, 2024) 3.9%
GDP 2022 Actual
(Source: SINSO)
Constant Price: 2012
Real GDP
SBD$ 10,894.6m
Nominal GDP
SBD$ 12,774.5m
Real GDP Growth2.4%
Foreign Reserves
(March 20, 2024)SBD $5,663m
Interest Rates
(December, 2023)
Deposit Rate0.38%
Lending Rate8.74%
Money Supply
(March 20, 2024)SBD $5,906m

Exchange Rates

Per
SBD
Today

28/3/2024
Last Week

21/03/2024
USD0.1175
0.1176
GBP0.0930
0.0922
EUR0.1085
0.1079
AUD0.18000.1791
NZD0.19580.1938
JPY17.790417.7888
SDR0.08860.0886
CNY
0.84900.8466
Index115.70115.30