Category: Press Releases

Press Release – Monetary Policy Stance – March 2017

At 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 More

Press Release – December 2016 Quarterly Economic Review

The 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 More

Press Release – CBSI to Lead GMW Event in Western Province

Press Release – CBSI to Lead GMW Event in Western Province (Honiara 2_.03.17) – The Central Bank of Solomon Islands (CBSI) in collaboration with the National Fisheries Development Credit Union Fund (NFDCUF) and the SolTuna Trust Credit Union Fund (STCUF) will be hosting a series of events between 27 March – 2 April to celebrate the 2017 Global Money Week (GMW), in Western Province....

Read More

Key Statistics

Inflation
(August, 2018) 2.6%
GDP (2016)
Actual (source: SINSO)
Real GDP
SBD$ 4,603m
Nominal GDP
SBD$ 8,606m
Real GDP Growth3.4%
Foreign Reserves
(October 17, 2018)SBD $5,057m
Interest Rates
(August, 2018)
Deposit Rate0.33%
Lending Rate10.70%
Money Supply
(October 17, 2018)SBD $5,131m

Exchange Rates

per
SBD
Today
23/10/2018
Last Week
16/10/2018
USD0.12310.1231
GBP0.09460.0937
EUR
0.10720.1064
AUD0.17350.1729
NZD
0.18700.1886
JPY13.308013.7804
SDR0.08850.0881
CNY0.85370.8520
Index110.3110.1

Pin It on Pinterest