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
(October, 2019) 2.1%
GDP (2016)
Actual (source: SINSO)
Real GDP
SBD$ 4,603m
Nominal GDP
SBD$ 8,606m
Real GDP Growth3.4%
Foreign Reserves
(January 08, 2020)SBD $4,902m
Interest Rates
(November, 2019)
Deposit Rate0.38%
Lending Rate10.47%
Money Supply
(January 08, 2020)SBD $5,057m

Exchange Rates

per
SBD
Today
24/01/2020
Last Week
17/01/2020
USD0.12180.1220
GBP0.09280.0934
EUR
0.11010.1095
AUD0.17780.1767
NZD
0.18470.1837
JPY13.333513.4292
SDR0.08830.0883
CNY0.8437 0.8399
Index111.6111.3

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