Category: Press Releases

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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Press Release: NFIT endorse next medium-term strategy

(Honiara 25.02.16) – The National Financial Inclusion Taskforce (NFIT) officially endorsed its next medium – term National Financial Inclusion Strategy (NFIS 2) on Tuesday this week, paving the way for a more concerted and coordinated approach towards broadening and deepening financial inclusion in the country with greater promotion and emphasis on quality, access and the empowerment of rural Solomon Islanders....

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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 13, 2019)SBD $4,906m
Interest Rates
(September, 2019)
Deposit Rate0.39%
Lending Rate10.57%
Money Supply
(November 13, 2019)SBD $5,062m

Exchange Rates

per
SBD
Today
22/11/2019
Last Week
15/11/2019
USD0.12120.1215
GBP0.09380.0945
EUR
0.10950.1104
AUD0.17830.1789
NZD
0.18890.1903
JPY13.150813.1903
SDR0.08810.0885
CNY0.8525 0.8529
Index112.1112.2

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