Month: May 2018

Governors Speech- Launching of the 2017 Annual Report

Governors Speech- Launching of 2017 Annual report Denton Rarawa Governor Central Bank of Solomon Islands 2017 Annual Report Launch- Mendana Hotel Honiara – 10th May, 2018 Download PDF Remarks by Central Bank of Solomon Islands (CBSI) Governor, Denton Rarawa at the launching of the CBSI  2017 Annual Report, Mendana Hotel, May 10th 2018    [Salutation] Deputy Prime Minister & Minister of Finance, Hon Manasseh Sogavare Minister for Forestry & Research, Hon Samuel Manetoali Permanent Secretaries & other Senior Government Officials Representatives of Diplomatic missions & international organisations CBSI Board Directors Heads of banks and other financial institutions Representatives of SOE’s and private sector companies Representatives of NGO’s, CSO’s, women’s groups Representatives of the media Ladies and gentlemen       Introduction Let me welcome you all, and thank you for accepting our invitation to be with us at this morning’s launching of the CBSI’s 2017 annual report. This is one of the important annual events for the Bank where we provide an assessment of the country’s economic conditions, comment on topical policy issues and account for the Bank’s operations in the prior year. As we all know, 2018 is a special year for our country. We will be celebrating 40 years of independence in July. Hindsight enables us to reflect on our journey, our successes and failures. I would like to look ahead and pose these questions; what do we want...

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Key Statistics

Inflation
(March, 2020) 7.8%
GDP (2017)
Actual (source: SINSO)
Constant 2012 prices
Real GDP
SBD$ 10,547m
Nominal GDP
SBD$ 11,703m
Real GDP Growth5.3%
Foreign Reserves
(May 27, 2020)SBD $4,981m
Interest Rates
(March, 2020)
Deposit Rate0.49%
Lending Rate11.56%
Money Supply
(May 27, 2020)SBD $5,026m

Exchange Rates

per
SBD
Today
05/06/2020
Last Week
29/05/2020
USD0.12020.1193
GBP0.09540.0968
EUR
0.10600.1078
AUD0.17270.1795
NZD
0.18590.1919
JPY13.109312.8418
SDR0.08720.0872
CNY0.8559 0.8539
Index111.2113.4

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