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
(October, 2018) 3.9%
GDP (2016)
Actual (source: SINSO)
Real GDP
SBD$ 4,603m
Nominal GDP
SBD$ 8,606m
Real GDP Growth3.4%
Foreign Reserves
(January 16, 2019)SBD $5,110m
Interest Rates
(November, 2018)
Deposit Rate0.33%
Lending Rate10.76%
Money Supply
(January 16, 2019)SBD $5,157m

Exchange Rates

per
SBD
Today
23/01/2019
Last Week
16/01/2019
USD0.12370.1239
GBP0.09560.0968
EUR
0.10890.1084
AUD0.17330.1720
NZD
0.18390.1816
JPY13.536813.4413
SDR0.08890.0888
CNY0.8419 0.8368
Index109.7109.40

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