Category: Monetary Policy

Monetary Policy Stance – March 2017

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. visit our Monetary Policy page. Download PR Download...

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Monetary Policy Statement – September, 2016

Monetary Policy Statement – September, 2016 (Honiara 30.09.2016) – Following a Central Bank of Solomon Islands (CBSI) Board of Directors meeting on 29 September 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. From this section of the site, you can download the complete Monetary Policy Statement, 2016 September. (14 pages, 739KB)  ...

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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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