Month: October 2017

CBSI conducts awareness on new policy for Bechedemer export

CBSI conduct awareness on new policy for Bechdemer export By Natasha Eddie Article No. : 10/2017 The Central Bank of Solomon Islands (CBSI) has successfully conducted its first training workshop on the policy change for Bechedemer (Sea Cucumber) exports on Friday 27 at the CBSI training room. This follows the announcement released on 25 October by CBSI along with the Ministry of Fisheries and Marine Resources, confirming Bechedemer (BDM) [Sea Cucumbers] exports to be assessed and exported under SPECIFC AUTHORITY....

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Press Release: CBSI Signs MOU with Griffith University

The Central Bank of Solomon Islands (CBSI) and Griffith University (GU) of Brisbane, Australia, have signed a Memorandum of Understanding (MOU) today ( 20 October 2017) that will facilitate and enhance joint research activities aimed at developing capacity for research and policy formulation at CBSI in the next 5 years.

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What you should know about Credit Unions

What you should know about Credit Unions  By Natasha Eddie Article No. : 09/2017 While you may have preferences on where to bank or save your money, you might want to take a look at what credit unions has to offer....

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Press Release: Monetary Policy Stance – September 2017

At its meeting on October 3rd 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 accommodative policy stance is appropriate given the slower growth in private sector credit, low inflation environment and the need to support economic activities....

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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
24/01/2018
Last Week
17/01/2018
USD0.12860.1286
GBP0.09200.0934
EUR
0.10490.1051
AUD0.16080.1616
NZD
0.17530.1766
JPY14.243114.2251
SDR0.08920.0894
CNY0.82320.8279
Index104.8105.1

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