Press Release – CBSI approves two new licenses The Board of the Central Bank of Solomon Islands (CBSI) at its meeting today (April 20, 2017), approved a banking and a credit institution licenses to two applicants....
Read MoreAt its meeting on March 29 2017, the Board of the Central Bank of Solomon Islands (CBSI) resolved to maintain the accommodative monetary policy stance for the next six months. CBSI Governor and Chairman, Mr. Denton Rarawa said the low inflation environment provided policy space for the Bank to continue with its accommodative monetary policy stance to allow the economy to grow....
Read MoreThe Central Bank of Solomon Islands (CBSI) has published the Bank’s 2016 December Quarterly Economic Review on the CBSI website (www.cbsi.com.sb) on April 10th, 2017. The December Economic Review provides an assessment of how the domestic economy performed in 2016 and it’s near term macroeconomic outlook. ...
Read MoreKeynote Address by Governor Denton Rarawa during Global Money Week program in Noro, Western Province / 30th March, 2017
Read MorePress Release – CBSI disassociate itself from Alfred Sasako’s article on the Island Sun (Honiara 28 March 2017) -The Central Bank of Solomon Islands (CBSI) has disassociated itself from the article written by Alfred Sasako, titled “Does treasure hunt hold the secret for balancing the 2017 budget” published in the Island Sun newspaper on 28th March....
Read More| Inflation |
|
| (May, 2020) | 7.2% |
| GDP (2017) Actual (source: SINSO) | Constant 2012 prices |
| Real GDP | SBD$ 10,547m |
| Nominal GDP | SBD$ 11,703m |
| Real GDP Growth | 5.3% |
| Foreign Reserves | |
| (July 29, 2020) | SBD $5,728m |
| Interest Rates (May, 2020) |
|
| Deposit Rate | 0.45% |
| Lending Rate | 10.81% |
| Money Supply | |
| (July 29, 2020) | SBD $5,081m |
| per SBD | Today 05/08/2020 | Last Week 29/07/2020 |
|---|---|---|
| USD | 0.1214 | 0.1214 |
| GBP | 0.0930 | 0.0938 |
| EUR | 0.1031 | 0.1036 |
| AUD | 0.1697 | 0.1696 |
| NZD | 0.1835 | 0.1823 |
| JPY | 12.8496 | 12.7519 |
| SDR | 0.0863 | 0.0864 |
| CNY | 0.8475 | 0.8502 |
| Index | 109.7 | 109.6 |
