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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Press Release: New polymer banknote signed off

Press Release: Governor Rarawa signs off on $5 Polymer banknote proof Melbourne, AUSTRALIA – Governor Denton Rarawa officially signed off on the Solomon Island’s latest $5 polymer banknote proof at Note Printing Australia’s high security facility today. The proof was co-signed by NPA’s CEO, Malcolm McDowell....

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Press Release: Renbel School gets timely support from CBSI

Press Release: Renbel School gets timely support from CBSI The Central Bank of Solomon Islands (CBSI) Board of Directors have donated twenty thousand dollars’ to the New Place Provincial Secondary School (PSS) in Tingoa, Renbel Province following their visit to the school on Monday early this week....

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Vacancy: Research Analyst Government Finance

Research Analyst- Government Finance Vacancy No.:  03/2018 Department:  Economics Research and Statistics (ERSD) Work unit:      Government Finance Work type:      Full time Reports to:      Senior Analyst – Government Finance Download Info Download Form The Central Bank of Solomon Islands is seeking to recruit a suitable and qualified person for the position of a Research Analyst- Government Finance within the Economics Research and Statistics Department (ERSD). The potential candidate must have essential minimum experience and qualification below. Essential Qualification Tertiary qualification in Economics, Research, Statistics or related field. Essential Experience Work experience in Data analysis is essential Responsibility The person is responsible for collating, tabulating and analyzing monetary statistical in Government Finance in support of the work in the Government Finance Sector. Application: To be considered, all applications submitted must include: An Introductory cover letter Completed recruitment application form (download available above) Current resume or curriculum vitae Certified copies of academic qualifications and transcripts Reference letters from two referees Application address: The Secretary Central Bank of Solomon Islands P O Box 634 Honiara, Solomon Islands All applications must be sealed and shall be hand delivered or alternatively posted by mail with the above address or else applications may also be sent by email to: jfagasi@cbsi.com.sb copied to adentana@cbsi.com.sb Closing Date: 31st August, 2018 Time: 4:30pm visit our recruitment page for other...

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Press Release: Building Capacity for Central Banking Work

Press Release: Building Capacity for Central Banking work (Honiara 10.07.18) – The Central Bank of Solomon Islands (CBSI) in collaboration with Griffith University’s South Pacific Centre for Central Banking recently conducted an internal joint seminar series on July 3 at the CBSI training room....

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Governors Speech – Governors Remarks at the Launching of the commemorative $40 note and $2 colored coin

Speech: Remarks by Central Bank Governor, Denton Rarawa at the Launching of Solomon Islands commemorative $40 note and coloured $2 coin, marking Solomon Islands 40th Anniversary Independence. Denton Rarawa Governor Central Bank of Solomon Islands Launching of Solomon Islands commemorative $40 note and coloured $2 coin, marking Solomon Islands 40th Anniversary of Independence. Honiara – 05th July, 2018 Download PDF Remarks by Central Bank Governor, Denton Rarawa at the launching of Solomon Islands commemorative $40 note and coloured $2 coin, marking Solomon Islands 40th Anniversary of Independence, 5th July 2018 ___________________________________________________________________ [Salutation] PS Ministry of Finance CBSI Board Directors Commercial Bank Managers Representatives of the Media Good people of Solomon Islands Ladies & Gentlemen First of all, let me welcome you to the Central Bank and thank you for joining us this morning to witness the launch of the $40 polymer note and coloured $2 coin to mark our country’s 40th anniversary of independence.  This is a happy occasion for the Central Bank as it marks the culmination of a project that started about a year ago, but also as this event represents the Bank’s contribution towards our national celebration on the occasion of our country’s achievement of 40 years of nationhood. The idea to issue a $40 note and a coloured $2 coin to commemorate our country’s 40th anniversary of independence was discussed by the CBSI Board in...

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Key Statistics

Inflation
(January, 2019) 3.7%
GDP (2016)
Actual (source: SINSO)
Real GDP
SBD$ 4,603m
Nominal GDP
SBD$ 8,606m
Real GDP Growth3.4%
Foreign Reserves
(March 6, 2019)SBD $5,295m
Interest Rates
(December, 2018)
Deposit Rate0.30%
Lending Rate10.79%
Money Supply
(March 6, 2019)SBD $5,234m

Exchange Rates

per
SBD
Today
18/03/2019
Last Week
11/03/2019
USD0.12340.1233
GBP0.09280.0946
EUR
0.10900.1099
AUD0.17430.1754
NZD
0.18020.1819
JPY13.749913.7181
SDR0.08870.0888
CNY0.82885 0.8288
Index110.1110.5

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