Press Release: For Immediate Release

DAMAGE TO CURRENCY The Central Bank of Solomon Islands (CBSI) wish to remind the public that individuals or groups involved in deliberately damaging the nation’s currency banknotes and coins, can be penalized....

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Press Release: World Governors Meeting

World Governors Meeting The Board of Governors of the World Bank Group and International Monetary Fund (IMF) concluded their 2018 Annual Meetings in Bali, Indonesia on Sunday, 14 October 2018.  Speaking at the closing of the meeting, the Solomon Islands head of delegation and Governor for Solomon Islands on the IMF Board of Governors Mr. Denton Rarawa said that he was pleased with the fruitful outcome of this year’s meetings with senior management of the World Bank Group and the IMF at this year’s Board of Governors Meeting....

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Press release: Credit Union Bill consultation commence

Credit Union Bill consultations commence (Honiara 03.10.18) – The Central Bank of Solomon Islands (CBSI) and the Ministry of Finance and Treasury (MoFT) will be conducting a nationwide consultation on the Credit Union Bill in relation to changes to the Credit Union Act. Click on Credit Union Bill/Act and Consultation Program Credit Union Bill 2018  to download a copy. Download Press Release Credit Union Bill 2018 Consultation Program Credit Union Bill...

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Press Release: CBSI on POB fake news

CBSI on POB fake news (Honiara 03.10.18) – The Central Bank of Solomon Islands (CBSI) strongly advises the public to stop spreading false information about the operations of one of the commercial banks....

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Press Release: Monetary Policy Stance – September 2018

Press Release: Monetary Policy Stance – September 2018 The Central Bank of Solomon Islands (CBSI) Board at its meeting on 27th September 2018 has approved an accommodative monetary policy stance for the next six months. This decision is based on the modest levels of projected inflation, stable macroeconomic conditions and the need to support growth in the economy. Download...

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Press Release: CBSI appoints new Deputy Governor

Press Release: Dr Luke Forau Appointed as New Deputy Governor to CBSI Honiara. 21.09.18 – The Central Bank of Solomon Islands (CBSI) has formally announced the appointment of its new Deputy Governor, Dr. Luke Forau (PhD). Dr. Luke Forau, who succeeds former Deputy Governor, Mr. Gane Alva Simbe, has assumed responsibilities as of Tuesday 18 September . Outgoing Deputy Governor, Gane Simbe retired from official duties last week after serving the institution for more than 32 years....

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Key Statistics

Inflation
(September, 2018) 3.3%
GDP (2016)
Actual (source: SINSO)
Real GDP
SBD$ 4,603m
Nominal GDP
SBD$ 8,606m
Real GDP Growth3.4%
Foreign Reserves
(December 05, 2018)SBD $5,197m
Interest Rates
(September, 2018)
Deposit Rate0.26%
Lending Rate10.75%
Money Supply
(December 05, 2018)SBD $5,177m

Exchange Rates

per
SBD
Today
13/12/2018
Last Week
6/12/2018
USD0.12410.1243
GBP0.09900.0976
EUR
0.10950.1096
AUD0.17200.1706
NZD
0.18050.1799
JPY14.069514.0512
SDR0.08980.0898
CNY0.85430.8529
Index109.5109.0

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