Month: September 2018

Press Release: Monetary Policy Stance – September 2018

Press Release: Monetary Policy Stance – September 2018 The Central Bank of Solomon Islands (CBSI) Board at its meeting on 27th September 2018 has approved an accommodative monetary policy stance for the next six months. This decision is based on the modest levels of projected inflation, stable macroeconomic conditions and the need to support growth in the economy. Download...

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Press Release: CBSI appoints new Deputy Governor

Press Release: Dr Luke Forau Appointed as New Deputy Governor to CBSI Honiara. 21.09.18 – The Central Bank of Solomon Islands (CBSI) has formally announced the appointment of its new Deputy Governor, Dr. Luke Forau (PhD). Dr. Luke Forau, who succeeds former Deputy Governor, Mr. Gane Alva Simbe, has assumed responsibilities as of Tuesday 18 September . Outgoing Deputy Governor, Gane Simbe retired from official duties last week after serving the institution for more than 32 years....

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Press Release: New polymer banknote signed off

Press Release: Governor Rarawa signs off on $5 Polymer banknote proof Melbourne, AUSTRALIA – Governor Denton Rarawa officially signed off on the Solomon Island’s latest $5 polymer banknote proof at Note Printing Australia’s high security facility today. The proof was co-signed by NPA’s CEO, Malcolm McDowell....

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Key Statistics

Inflation
(January , 2020) 4.4%
GDP (2017)
Actual (source: SINSO)
Constant 2012 prices
Real GDP
SBD$ 10,547m
Nominal GDP
SBD$ 11,703m
Real GDP Growth5.3%
Foreign Reserves
(March 25, 2020)SBD $4,705m
Interest Rates
(December, 2019)
Deposit Rate0.38%
Lending Rate10.40%
Money Supply
(March 25, 2020)SBD $5,021m

Exchange Rates

per
SBD
Today
03/04/2020
Last Week
27/03/2020
USD0.12040.1205
GBP0.09720.0991
EUR
0.11090.1093
AUD0.19900.1991
NZD
0.20370.2048
JPY12.994813.2002
SDR0.08830.0884
CNY0.8549 0.8550
Index118.0118.2

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