Category: Publication

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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Key Statistics

Inflation
(February, 2017) -2.3%
GDP (2015)
RGDP (Real)SBD$ 4,472m
NGDP (Nominal)SBD$ 8,142m
Real GDP Growth2.9%
Foreign Reserves
(April 12, 2017)SBD $4,335m
Interest Rates
(February, 2017)
Deposit Rate0.27%
Lending Rate10.70%
Money Supply
(April 12, 2017)SBD $4,511m

Exchange Rates

per
SBD
Today
21/04/2017
Last Week
13/04/2017
USD0.12610.1261
GBP0.09840.1008
EUR
0.11760.1186
AUD0.16900.1682
NZD
0.17980.1816
JPY13.781213.8026
SDR0.09240.0930
CNY0.86820.8694
Index107.8107.8