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
(May, 2020) 7.2%
GDP (2017)
Actual (source: SINSO)
Constant 2012 prices
Real GDP
SBD$ 10,547m
Nominal GDP
SBD$ 11,703m
Real GDP Growth5.3%
Foreign Reserves
(July 29, 2020)SBD $5,728m
Interest Rates
(May, 2020)
Deposit Rate0.45%
Lending Rate10.81%
Money Supply
(July 29, 2020)SBD $5,081m

Exchange Rates

per
SBD
Today
10/08/2020
Last Week
03/08/2020
USD0.12160.1214
GBP0.09320.0925
EUR
0.10310.1029
AUD0.16960.1697
NZD
0.18390.1826
JPY12.875312.8402
SDR0.08620.0860
CNY0.8466 0.8475
Index109.6109.70

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