Month: September 2019

Quarterly Review – June 2019

Quarterly Review -June 2019 The Quarterly Economic review for June 2019 is now available.  The Quarterly Review reports on the economic performance of the economy during the preceding quarter....

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Foreign Reserves -Part 2

Foreign Reserves – Part 2 By CBSI Media Article No. : 09/2019 Welcome once again to our weekly feature from the Central Bank of Solomon Islands (CBSI). In our previous article, we looked at the definition of “Foreign Reserves,” its importance, and how it affects the country and the economy as a whole. In this article we will dig deeper and technical into foreign reserves. What factors drive the growth of our foreign reserves? What is the current level of our foreign reserves and what is CBSI doing with these foreign reserves? We will also look at the global risks that could likely have an impact to our foreign reserves and may pose a direct threat to them....

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What you need to know about Foreign Reserves

Foreign Reserves – What are they? By CBSI Media Article No. : 08/2019 Welcome back to another educational feature from the Central Bank of Solomon Islands (CBSI).This week we take a look at a new topic on “Foreign Reserves” or sometimes referred to as Gross Foreign Reserves.” In this feature we will explain what Foreign Reserve is, why it is important and how it helps the economy of the country....

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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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