Category: Media

Press Release- CBSI approves two new licenses

Press Release – CBSI approves two new licenses The Board of the Central Bank of Solomon Islands (CBSI) at its meeting today (April 20, 2017), approved a banking and a credit institution licenses to two applicants....

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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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Press Release – December 2016 Quarterly Economic Review

The Central Bank of Solomon Islands (CBSI) has published the Bank’s 2016 December Quarterly Economic Review on the CBSI website (www.cbsi.com.sb) on April 10th, 2017. The December Economic Review provides an assessment of how the domestic economy performed in 2016 and it’s near term macroeconomic outlook.  ...

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Key Statistics

Inflation
(February, 2017) -2.3%
GDP (2015)
RGDP (Real)SBD$ 4,472m
NGDP (Nominal)SBD$ 8,142m
Real GDP Growth2.9%
Foreign Reserves
(April 12, 2017)SBD $4,335m
Interest Rates
(February, 2017)
Deposit Rate0.27%
Lending Rate10.70%
Money Supply
(April 12, 2017)SBD $4,511m

Exchange Rates

per
SBD
Today
21/04/2017
Last Week
13/04/2017
USD0.12610.1261
GBP0.09840.1008
EUR
0.11760.1186
AUD0.16900.1682
NZD
0.17980.1816
JPY13.781213.8026
SDR0.09240.0930
CNY0.86820.8694
Index107.8107.8