Year: 2017

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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Monetary Policy Stance – March 2017

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. visit our Monetary Policy page. Download PR Download...

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CBSI disassociate itself from Alfred Sasako’s article on the Island Sun

Press Release – CBSI disassociate itself from Alfred Sasako’s article on the Island Sun (Honiara 28 March 2017) -The Central Bank of Solomon Islands (CBSI) has disassociated itself from the article written by Alfred Sasako, titled “Does treasure hunt hold the secret for balancing the 2017 budget” published in the Island Sun newspaper on 28th March....

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Key Statistics

Inflation
(October, 2017) 1.6%
GDP (2016)
RGDP (Real) *estimates SBD$ 4,607m
NGDP (Nominal) *estimates SBD$ 8,504m
Real GDP Growth3.5%
Foreign Reserves
(November 22, 2017)SBD $4,473m
Interest Rates
October, 2017)
Deposit Rate0.34%
Lending Rate10.50%
Money Supply
(November 22, 2017)SBD $4,801m

Exchange Rates

per
SBD
Today
15/12/2017
Last Week
08/12/2017
USD0.12660.1262
GBP0.09440.0941
EUR
0.10730.1070
AUD0.16560.1675
NZD
0.18080.1841
JPY14.257514.2231
SDR0.08950.0894
CNY0.83690.8350
Index106.9107.6

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