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Vacancy: Administrative Assistant, FMSD

The Central Bank of Solomon Islands is seeking to recruit a suitable and qualified person for the position of Administrative Assistant within the Financial Market Supervision Department (FMSD).

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Vacancy: Assistant Security Officer

The Central Bank of Solomon Islands is seeking to recruit a suitable and qualified person for the position of Assistant Security Officer within the Human Resource & Corporate Services Department.

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CBSI Role in the Cash Cycle

Many people still do not understand how cash circulates with in our economy and often express their interest in knowing more about the role of Central Bank of Solomon Islands (CBSI) in this area. This article describes the role of the Central Bank in the cash cycle and aims to inform the public of how the cycle works in general, in order for people to understand and
appreciate the role CBSI plays in maintaining smooth circulation. The full article and currency movement chart can be downloaded below.

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Debt – Growth Nexus, Case for Solomon Islands

External borrowing or debt is a common practice in developing and least developed countries around the world for various reasons. If local borrowing is limited, these countries depend on sourcing external funds to subsidize their deficit budgets or cushion revenue shortfalls and to fund major infrastructure or development projects.The full article can be downloaded below.

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Key Statistics

Inflation
(November, 2017) 1.6%
GDP (2016)
RGDP (Real) *estimates SBD$ 4,607m
NGDP (Nominal) *estimates SBD$ 8,504m
Real GDP Growth3.5%
Foreign Reserves
(January 10, 2018)SBD $4,804m
Interest Rates
October, 2017)
Deposit Rate0.34%
Lending Rate10.50%
Money Supply
(January 10, 2018)SBD $4,812m

Exchange Rates

per
SBD
Today
19/01/2018
Last Week
12/01/2018
USD0.12870.1284
GBP0.09300.0950
EUR
0.10550.1071
AUD0.16150.1631
NZD
0.17690.1777
JPY14.312114.3041
SDR0.08940.0901
CNY0.82800.8360
Index105.0105.6

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