Category: Press Releases

Press Release: Monetary Policy Stance – September 2017

At its meeting on October 3rd 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 accommodative policy stance is appropriate given the slower growth in private sector credit, low inflation environment and the need to support economic activities....

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Press Release: CBSI on POB Issue

CBSI on POB Issue (Honiara 04.09.17) – The Central Bank of Solomon Islands (CBSI) wish to advise the public to be cautious about bogus emails and misleading information currently circulating within Honiara about the internal operations of Pan Oceanic Bank (POB)....

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Key Statistics

Inflation
(August, 2017) 1.5%
GDP (2016)
RGDP (Real) *estimates SBD$ 4,607m
NGDP (Nominal) *estimates SBD$ 8,504m
Real GDP Growth3.5%
Foreign Reserves
(September 04, 2017)SBD $4,186m
Interest Rates
July, 2017)
Deposit Rate0.29%
Lending Rate10.62%
Money Supply
(September 04, 2017)SBD $4,612m

Exchange Rates

per
SBD
Today
20/10/2017
Last Week
13/10/2017
USD0.12810.1280
GBP0.09730.0970
EUR
0.10810.0981
AUD0.16260.1638
NZD
0.18210.1800
JPY14.415714.3768
SDR0.09070.0905
CNY0.84840.8434
Index105.8106.0

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