Category: Article

CBSI Role in the Cash Cycle

Many people still do not understand how cash circulates with in our economy and often express their interest in knowing more about the role of Central Bank of Solomon Islands (CBSI) in this area. This article describes the role of the Central Bank in the cash cycle and aims to inform the public of how the cycle works in general, in order for people to understand and
appreciate the role CBSI plays in maintaining smooth circulation. The full article and currency movement chart can be downloaded below.

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Debt – Growth Nexus the Case for Solomon Islands

External borrowing or debt is a common practice in developing and least developed countries around the world for various reasons. If local borrowing is limited, these countries depend on sourcing external funds to subsidize their deficit budgets or cushion revenue shortfalls and to fund major infrastructure or development projects.The full article can be downloaded below.

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Key Statistics

Inflation
(July, 2018) 2.2%
GDP (2016)
Actual (source: SINSO)
Real GDP
SBD$ 4,603m
Nominal GDP
SBD$ 8,606m
Real GDP Growth3.4%
Foreign Reserves
(October 03, 2018)SBD $4,756m
Interest Rates
(August, 2018)
Deposit Rate0.33%
Lending Rate10.70%
Money Supply
(October 03, 2018)SBD $5,117m

Exchange Rates

per
SBD
Today
15/10/2018
Last Week
08/10/2018
USD0.12310.1232
GBP0.09340.0943
EUR
0.10640.1070
AUD0.17300.1744
NZD
0.18890.1908
JPY13.812114.0272
SDR0.08810.0886
CNY0.84990.8475
Index110.2110.6

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