Category: Press Releases

Press Release: Monetary Policy Stance – September 2018

Press Release: Monetary Policy Stance – September 2018 The Central Bank of Solomon Islands (CBSI) Board at its meeting on 27th September 2018 has approved an accommodative monetary policy stance for the next six months. This decision is based on the modest levels of projected inflation, stable macroeconomic conditions and the need to support growth in the economy. Download...

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Press Release: CBSI appoints new Deputy Governor

Press Release: Dr Luke Forau Appointed as New Deputy Governor to CBSI Honiara. 21.09.18 – The Central Bank of Solomon Islands (CBSI) has formally announced the appointment of its new Deputy Governor, Dr. Luke Forau (PhD). Dr. Luke Forau, who succeeds former Deputy Governor, Mr. Gane Alva Simbe, has assumed responsibilities as of Tuesday 18 September . Outgoing Deputy Governor, Gane Simbe retired from official duties last week after serving the institution for more than 32 years....

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Press Release: New polymer banknote signed off

Press Release: Governor Rarawa signs off on $5 Polymer banknote proof Melbourne, AUSTRALIA – Governor Denton Rarawa officially signed off on the Solomon Island’s latest $5 polymer banknote proof at Note Printing Australia’s high security facility today. The proof was co-signed by NPA’s CEO, Malcolm McDowell....

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Press Release: Renbel School gets timely support from CBSI

Press Release: Renbel School gets timely support from CBSI The Central Bank of Solomon Islands (CBSI) Board of Directors have donated twenty thousand dollars’ to the New Place Provincial Secondary School (PSS) in Tingoa, Renbel Province following their visit to the school on Monday early this week....

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Key Statistics

Inflation
(January, 2019) 3.7%
GDP (2016)
Actual (source: SINSO)
Real GDP
SBD$ 4,603m
Nominal GDP
SBD$ 8,606m
Real GDP Growth3.4%
Foreign Reserves
(March 13, 2019)SBD $5,194m
Interest Rates
(December, 2018)
Deposit Rate0.30%
Lending Rate10.79%
Money Supply
(March 13, 2019)SBD $5,156m

Exchange Rates

per
SBD
Today
22/03/2019
Last Week
15/03/2019
USD0.12350.1234
GBP0.09390.0931
EUR
0.10830.1091
AUD0.17330.1745
NZD
0.17920.1805
JPY13.671113.7625
SDR0.08850.0887
CNY0.8251 0.8283
Index109.8110.1

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