Author: Natasha Eddie

Press Release- Solomon Islands Government Commits to Digitization of 80% of Payments by 2020

Press Release – Solomon Islands Government Commits to Digitization of 80% of Payments by 2020 Honiara, Solomon Islands – The Solomon Islands Government has today announced its commitment to become a member of the Better Than Cash Alliance (BTCA) and use electronic payment channels for both payments and receipts in a way that improves lives and expands responsible digital financial services....

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Press Release – New Financial Inclusion Specialist in Honiara

Press Release – New Financial Inclusion Specialist in Honiara (Honiara 1 May 2017) The Central Bank of Solomon Islands (CBSI) formally received the appointment of a new financial inclusion specialist under the United Nations Pacific Financial Inclusion Programme (PFIP) in Honiara, on Monday, May 1, 2017....

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Press Release – Monetary Policy Stance – March 2017

At its meeting on March 29 2017, the Board of the Central Bank of Solomon Islands (CBSI) resolved to maintain the accommodative monetary policy stance for the next six months. CBSI Governor and Chairman, Mr. Denton Rarawa said the low inflation environment provided policy space for the Bank to continue with its accommodative monetary policy stance to allow the economy to grow....

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Key Statistics

Inflation
(August, 2019) 1.7%
GDP (2016)
Actual (source: SINSO)
Real GDP
SBD$ 4,603m
Nominal GDP
SBD$ 8,606m
Real GDP Growth3.4%
Foreign Reserves
(December 04, 2019)SBD $4,828m
Interest Rates
(October, 2019)
Deposit Rate0.39%
Lending Rate10.45%
Money Supply
(December 04, 2019)SBD $5,074m

Exchange Rates

per
SBD
Today
16/12/2019
Last Week
09/12/2019
USD0.12150.12130
GBP0.09110.0925
EUR
0.10920.10975
AUD0.17660.17753
NZD
0.18420.18489
JPY13.281513.17985
SDR0.08790.08805
CNY0.8486 0.85354
Index111.40111.7

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