Press Release: December 2015 Quarterly Economic Review Released

(Honiara 15.04.16) – The Central Bank of the Solomon Islands (CBSI) has published the December 2015 Quarterly Economic Review on the CBSI website (www.cbsi.com.sb) today. The December Economic Review contains an assessment of how the domestic economy performed in 2015 as well as the near term macroeconomic outlook....

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Press Release: IMF Mission Team here to advise

(Honiara 27.01.16) – International Monetary Fund (IMF) Mission Chief of Solomon Islands and Chief of the Small States Unit (SSU) Ms. Patricia Tumbarello arrived in Honiara this week with her team. For more detail Download our Press Release below or visit our Press Release page...

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Press Release: CBSI monetary policy stance for the next 6 months

Following a Central Bank of Solomon Islands (CBSI) Board of Directors meeting on 06 April 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....

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Press Release: NFIT endorse next medium-term strategy

(Honiara 25.02.16) – The National Financial Inclusion Taskforce (NFIT) officially endorsed its next medium – term National Financial Inclusion Strategy (NFIS 2) on Tuesday this week, paving the way for a more concerted and coordinated approach towards broadening and deepening financial inclusion in the country with greater promotion and emphasis on quality, access and the empowerment of rural Solomon Islanders....

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Speech: Consultative Workshop, Inclusive Insurance

Speech by Denton Rarawa, Governor of Central Bank of Solomon Islands and Chair of the Solomon Islands National Financial Inclusion Taskforce, at a first Consultative Workshop on Inclusive Insurance, Heritage Park Hotel, Wednesday 20th February 2016.

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Key Statistics

Inflation
(February, 2018) 3.6%
GDP (2016)
Actual (source: SINSO)
Real GDP
SBD$ 4,603m
Nominal GDP
SBD$ 8,606m
Real GDP Growth3.4%
Foreign Reserves
(March 28, 2018)SBD $5,072m
Interest Rates
February, 2018)
Deposit Rate0.39%
Lending Rate10.79%
Money Supply
(March 28, 2018)SBD $4,991m

Exchange Rates

per
SBD
Today
27/04/2018
Last Week
20/04/2018
USD0.12690.1280
GBP0.09110.0905
EUR
0.10450.1036
AUD0.16780.1650
NZD
0.17960.1754
JPY13.873713.7421
SDR0.08790.0879
CNY0.80260.8028
Index107.1105.8

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