Author: Natasha Eddie

Rise in ATM card theft

(Honiara 11.10.16) – The general public is warned to be very careful when using the Automatic Teller Machines (ATMs) in Honiara and around the country, whenever they decide to withdraw money....

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Press Release: Moving towards electronic payments

(Honiara 05.10.16) – Moving payments towards an electronic or digital platform can transform how individuals, business and the Government interact financially.  As a national financial inclusion priority area, the Central Bank of the Solomon Islands (CBSI), is committed to working with partners to identify and digitize payment channels....

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Speech: G2P P2G Digital Finance Workshop

Remarks by Deputy Governor Mr Gane Simbe, at a workshop on Digitizing Government Payments held by Central Bank of the Solomon Islands in partnership with the Pacific Financial Inclusion Programme.

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Monetary Policy Statement – September, 2016

Monetary Policy Statement – September, 2016 (Honiara 30.09.2016) – Following a Central Bank of Solomon Islands (CBSI) Board of Directors meeting on 29 September 2016, the Governor and Chairman of the Board, Mr. Denton Rarawa announced that the CBSI monetary policy stance for the next 6 months will remain accommodative. This compliments the expansionary policy of the Government which aims at growing the economy and address the development needs of the country. From this section of the site, you can download the complete Monetary Policy Statement, 2016 September. (14 pages, 739KB)  ...

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Key Statistics

Inflation
(October, 2019) 2.1%
GDP (2016)
Actual (source: SINSO)
Real GDP
SBD$ 4,603m
Nominal GDP
SBD$ 8,606m
Real GDP Growth3.4%
Foreign Reserves
(February 12, 2020)SBD $4,809m
Interest Rates
(December, 2019)
Deposit Rate0.38%
Lending Rate10.40%
Money Supply
(February 12, 2020)SBD $4,958m

Exchange Rates

per
SBD
Today
24/02/2020
Last Week
17/02/2020
USD0.12140.1215
GBP0.09370.0933
EUR
0.11200.1121
AUD0.18340.1809
NZD
0.19170.1888
JPY13.545213.3398
SDR0.08900.0888
CNY0.8543 0.8483
Index113.4112.6

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