Category: Media

Monetary Policy Statement for March 2020

Monetary Policy Statement for March 2020  The Central Bank of Solomon Islands (CBSI) Board at its meeting held on March 12th 2020 adopted an expansionary monetary policy stance for the next six months, and aims to support growth in the economy, as inflation is expected to remain within its desired level.  This decision was taken considering the expected slowdown in global growth than previously anticipated, moderate growth prospects for 2020 and, risks around this outlook. Download Press...

Read More

CBSI Reiterates Position on ONE LINK PACIFICA

CBSI Reiterates Position on ONE LINK PACIFICA The Central Bank of Solomon Islands (CBSI) wish to clearly state that its position on the ONE LINK PACIFICA (OLP) issue remains unchanged and that people should refrain from investing in the scheme....

Read More

SIFIU conducts refresher workshop on AML/CFT/CPF

SIFIU conducts refresher workshop on AML/CFT/CPF By CBSI Media Article No. : 03/2020 Central Bank of Solomon Islands (CBSI) Financial Intelligence Unit (FIU) has recently conducted a refresher workshop on Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT).    ...

Read More

The Roles and Functions of the Central Bank of Solomon Islands

Roles & Functions of CBSI  By CBSI Media Article No. : 02/2020 In last week’s feature, we had a look at the history of the Central Bank of Solomon Islands (CBSI) This week we will look at the roles and functions of CBSI. Roles and functions of the Central Bank of Solomon Islands; CBSI The roles and functions of the Central Bank of Solomon Islands (CBSI) as the premier institution of the economy is governed by the CBSI ACT 2012.  ...

Read More

Key Statistics

Inflation
(March, 2020) 7.8%
GDP (2017)
Actual (source: SINSO)
Constant 2012 prices
Real GDP
SBD$ 10,547m
Nominal GDP
SBD$ 11,703m
Real GDP Growth5.3%
Foreign Reserves
(May 27, 2020)SBD $4,981m
Interest Rates
(March, 2020)
Deposit Rate0.49%
Lending Rate11.56%
Money Supply
(May 27, 2020)SBD $5,026m

Exchange Rates

per
SBD
Today
04/06/2020
Last Week
28/05/2020
USD0.12000.1193
GBP0.09530.0975
EUR
0.10690.1086
AUD0.17320.1808
NZD
0.18690.1933
JPY13.063512.8397
SDR0.08720.0874
CNY0.8531 0.8536
Index111.4113.80

Pin It on Pinterest