Foreign Reserves – Part 2

By CBSI Media

Article No. : 09/2019

Welcome once again to our weekly feature from the Central Bank of Solomon Islands (CBSI). In our previous article, we looked at the definition of “Foreign Reserves,” its importance, and how it affects the country and the economy as a whole.

In this article we will dig deeper and technical into foreign reserves. What factors drive the growth of our foreign reserves? What is the current level of our foreign reserves and what is CBSI doing with these foreign reserves?

We will also look at the global risks that could likely have an impact to our foreign reserves and may pose a direct threat to them.