Category: Media

Saving Your Money

Saving Your Money By CBSI Media Article No. : 12/2017 Welcome back to another feature length article from the Central Bank of Solomon Islands (CBSI). In this feature we now move onto the topic of SAVINGS and answer how best we can save our money, especially in the modern day and age. Life is full of uncertainties and no one knows what is in store for tomorrow, therefore it is important we understand some basics about saving our hard earned money.  ...

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What you need to know about the SME Guarantee Scheme

What you need to know about the SME Guarantee Scheme By CBSI Media Article No. : 11/2019 A lot of people have asked questions and are keen to understand what the SME Credit Guarantee Scheme is all about. Before jumping in to any of those information let’s look at how this scheme first came about. In 2015 the Democratic for Change Government (DCG) initiated a guarantee scheme to improve and support credits and assist small startup business....

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Retirement savings using airtime credit

Retirement savings using airtime credit Honiara, Solomon Islands – As of today (Saturday), youSave members can make deposits into their accounts with Solomon Island National Provident Fund (SINPF) through their mobile phones, using their mobile top ups (airtime credit)....

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CBSI’s POSITION ON CRYPTOCURRENCIES

CBSI’s POSITION ON CRYPTO-CURRENCIES The Central Bank of Solomon Islands (CBSI) wishes to warn the general public that cryptocurrencies (i.e. virtual or digital currencies such as bitcoin, etherium, ripple, and others) are not currencies issued or regulated by the Central Bank. Download Public...

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Key Statistics

Inflation
(August, 2019) 1.7%
GDP (2016)
Actual (source: SINSO)
Real GDP
SBD$ 4,603m
Nominal GDP
SBD$ 8,606m
Real GDP Growth3.4%
Foreign Reserves
(November 27, 2019)SBD $4,840m
Interest Rates
(September, 2019)
Deposit Rate0.39%
Lending Rate10.57%
Money Supply
(November 27, 2019)SBD $4,997m

Exchange Rates

per
SBD
Today
09/12/2019
Last Week
02/12/2019
USD0.121300.12120
GBP0.09250.09378
EUR
0.109750.10996
AUD0.177530.17917
NZD
0.184890.18862
JPY13.1798513.27322
SDR0.088050.08826
CNY0.85354 0.85165
Index111.7112.4

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