Category: Media

Press Release: CBSI monetary policy stance for the next 6 months

Following a Central Bank of Solomon Islands (CBSI) Board of Directors meeting on 06 April 2016, the Governor and Chairman of the Board, Mr Denton Rarawa announced that the CBSI monetary policy stance for the next 6 months will remain accommodative. This compliments the expansionary policy of the Government which aims at growing the economy and address the development needs of the country....

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Key Statistics

Inflation
(May, 2019) 1.0%
GDP (2016)
Actual (source: SINSO)
Real GDP
SBD$ 4,603m
Nominal GDP
SBD$ 8,606m
Real GDP Growth3.4%
Foreign Reserves
(September 11, 2019)SBD $5,004m
Interest Rates
(June, 2019)
Deposit Rate0.35%
Lending Rate10.72%
Money Supply
(September 11, 2019)SBD $5,040m

Exchange Rates

per
SBD
Today
20/09/2019
Last Week
13/09/2019
USD0.12120.1212
GBP0.09670.0983
EUR
0.10980.1099
AUD0.17840.1764
NZD
0.19230.1889
JPY13.138713.0548
SDR0.08840.0890
CNY0.8602 0.8592
Index112.3111.8

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