Year: 2020

Quarterly Review (Q3) – September 2020

Quarterly Review (Q3) – September 2020 The third Quarterly review September 2020 is now available. The Quarterly Review is prepared by the Economics Research and Statistics Department of the Central Bank of Solomon Islands...

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Central Province: More focus on Micro Insurance

Central Province: More focus on Micro Insurance  By Natasha Eddie Article No. : 19/2020 There should be more focus on developing micro-insurance products that can cater for the needs of rural Solomon Islands. This was the...

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SICUL Elects NEW Board Directors

Solomon Islands Credit Union League Elects new Board of Directors  The Central Bank of Solomon Islands has successfully hosted the Solomon Islands Credit Union League (The League) special general meeting in Honiara on the 3rd...

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Causes of Money Management Problems

Causes of Money Management Problems  By CBSI Media Article No. : 18/2020 Money management problem has its causes. Below are some examples: Lack training on the use of money in the home: When parents do not teach their children...

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Key Statistics

Inflation
(December, 2020) -1.8%
GDP (2017)
Actual (source: SINSO)
Constant 2012 prices
Real GDP
SBD$ 10,547m
Nominal GDP
SBD$ 11,703m
Real GDP Growth5.3%
Foreign Reserves
(February 17, 2021)SBD $5,491m
Interest Rates
(December, 2020)
Deposit Rate0.57%
Lending Rate10.30%
Money Supply
(February 17, 2021)SBD $5,350m

Exchange Rates

Per
SBD
Today
25/02/2021
Last Week
18/02/2021
USD0.12550.1249
GBP0.08880.0901
EUR0.10340.1037
AUD0.15840.1613
NZD0.16990.1740
JPY13.277013.2347
CNY0.80950.8045
SDR0.08690.0869
Index104.9106.00

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