Category: Monetary Policy Statement

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
(December, 2017) 1.8%
GDP (2016)
RGDP (Real) *estimates SBD$ 4,607m
NGDP (Nominal) *estimates SBD$ 8,504m
Real GDP Growth3.5%
Foreign Reserves
(February 14, 2018)SBD $4,866m
Interest Rates
December, 2017)
Deposit Rate0.37%
Lending Rate10.89%
Money Supply
(February 14, 2018)SBD $4,902m

Exchange Rates

per
SBD
Today
21/02/2018
Last Week
14/02/2018
USD0.12860.1286
GBP0.09180.0928
EUR
0.10380.1045
AUD0.16260.1638
NZD
0.17450.1769
JPY13.710413.9357
SDR0.08840.0888
CNY0.81560.8144
Index105.1105.5

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