Category: Press Releases

Press Release: December 2015 Quarterly Economic Review Released

(Honiara 15.04.16) – The Central Bank of the Solomon Islands (CBSI) has published the December 2015 Quarterly Economic Review on the CBSI website (www.cbsi.com.sb) today. The December Economic Review contains an assessment of how the domestic economy performed in 2015 as well as the near term macroeconomic outlook....

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Press Release: IMF Mission Team here to advise

(Honiara 27.01.16) – International Monetary Fund (IMF) Mission Chief of Solomon Islands and Chief of the Small States Unit (SSU) Ms. Patricia Tumbarello arrived in Honiara this week with her team. For more detail Download our Press Release below or visit our Press Release page...

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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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Key Statistics

Inflation
(May, 2018) 2.8%
GDP (2016)
Actual (source: SINSO)
Real GDP
SBD$ 4,603m
Nominal GDP
SBD$ 8,606m
Real GDP Growth3.4%
Foreign Reserves
(August 1, 2018)SBD $5,130m
Interest Rates
(June, 2018)
Deposit Rate0.35%
Lending Rate10.84%
Money Supply
(August 1, 2018)SBD $5,116m

Exchange Rates

per
SBD
Today
15/08/2018
Last Week
07/08/2018
USD0.12430.1249
GBP0.09750.0965
EUR
0.10930.1079
AUD0.17130.1686
NZD
0.18890.1854
JPY13.791713.9089
SDR0.08960.0894
CNY0.85600.8555
Index109.3108.4

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