Author: Natasha Eddie

Press Release: New Prudential Guidelines

Press Release:  New Prudential Guidelines On June 27, 2019, the Central Bank of Solomon Islands board (CBSI) approved the release of four (4) prudential guidelines (PG) specifically for Anti-Money Laundering (AML) Combating the Financing of Terrorism (CFT) and Proliferation Financing (PF) which is applicable to Financial Institutions licensed and deemed licensed by the CBSI. These financial institutions are commercial banks, credit institutions, insurance underwriting companies, insurance brokers and agents, and the National Provident Fund....

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5th PIRI Meeting in Honiara

5th PIRI Meeting in Honiara The Central Bank of Solomon Islands (CBSI) and the Alliance for Financial Inclusion (AFI), will be co-hosting a series of events for the 5th Annual Pacific Islands Regional Initiative (PIRI) High-Level Forum. The events will roll out between 3rd June to 6th June in Honiara....

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Key Statistics

Inflation
(May, 2019) 1.0%
GDP (2016)
Actual (source: SINSO)
Real GDP
SBD$ 4,603m
Nominal GDP
SBD$ 8,606m
Real GDP Growth3.4%
Foreign Reserves
(July 10, 2019)SBD $5,205m
Interest Rates
(April, 2019)
Deposit Rate0.32%
Lending Rate10.73%
Money Supply
(July 10, 2019)SBD $5,165m

Exchange Rates

per
SBD
Today
22/07/2019
Last Week
15/07/2019
USD0.12290.1226
GBP0.09830.0976
EUR
0.10950.1089
AUD0.17450.1749
NZD
0.18160.1834
JPY13.242513.2341
SDR0.08880.0886
CNY0.8452 0.8432
Index110.4110.7

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