Author: Natasha Eddie

Handling Money

Handling Money By CBSI Media Article No. : 03/2019 Welcome again to this week’s topic where we cover some key issues about handling money and other useful information about our national currency....

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Deputy Governors opening remarks at the launch of the new $5 polymer banknote

Deputy Governors opening remarks at the launch of the new $5 polymer banknote. Dr. Luke Forau Deputy Governor, Central Bank of Solomon Islands Launch of the new $5 polymer banknote – Heritage Park Hotel Honiara – 2nd May, 2019 Download PDF Salutation Permanent Secretary (Ag), Ministry of Finance and Treasury, Representatives from the Ministry of Commerce, Industries, Labor and Immigration Representatives from the Ministry of Fisheries and Marine Resources. CBSI Board of Directors CEOs and country managers from the banking industry. Our business partners from Note Printing Australia and CCL – NPA’s CEO Mr. Malcolm McDowell and Mr Nuwan Kalpage, and from PolyTeQ, Mr. Brian Lang. Representatives from the media Distinguished guests Ladies and Gentlemen,   A very good morning and warm welcome to you all! It’s an honour to have you here with us this morning, to witness the launch of the country’s new polymer $5 banknote. As you may have already probably aware, the new polymer $5 note was unveiled recently at the International Currency Conference in Dubai, United Arab Emirates. It was a fitting occasion given the presence of important global players in the Cash Cycle – from the note printers, ink suppliers, manufacturers of security features, suppliers of printing machines, suppliers of polymer substrates to the Note Issuing Authorities that included the Central Banks and Treasuries. But, at the Currency Conference, what seemed to be a topical issue was...

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Lets talk about Polymer Banknotes

Lets talk about Polymer Banknotes By CBSI Media Article No. : 02/2019 After a comprehensive currency review, CBSI is modernizing its existing banknote family by converting the $5 banknote from cotton based paper to a polymer substrate....

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Key Statistics

(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

Last Week
CNY0.8452 0.8432

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