Press Release – 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....

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Press Release – December 2016 Quarterly Economic Review

The Central Bank of Solomon Islands (CBSI) has published the Bank’s 2016 December Quarterly Economic Review on the CBSI website (www.cbsi.com.sb) on April 10th, 2017. The December Economic Review provides an assessment of how the domestic economy performed in 2016 and it’s near term macroeconomic outlook.  ...

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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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CBSI disassociate itself from Alfred Sasako’s article on the Island Sun

Press Release – CBSI disassociate itself from Alfred Sasako’s article on the Island Sun (Honiara 28 March 2017) -The Central Bank of Solomon Islands (CBSI) has disassociated itself from the article written by Alfred Sasako, titled “Does treasure hunt hold the secret for balancing the 2017 budget” published in the Island Sun newspaper on 28th March....

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Press Release – CBSI to Lead GMW Event in Western Province

Press Release – CBSI to Lead GMW Event in Western Province (Honiara 2_.03.17) – The Central Bank of Solomon Islands (CBSI) in collaboration with the National Fisheries Development Credit Union Fund (NFDCUF) and the SolTuna Trust Credit Union Fund (STCUF) will be hosting a series of events between 27 March – 2 April to celebrate the 2017 Global Money Week (GMW), in Western Province....

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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
26/04/2018
Last Week
19/04/2018
USD0.12700.1281
GBP0.09100.0899
EUR
0.10420.1035
AUD0.16760.1647
NZD
0.17920.1748
JPY13.865913.7323
SDR0.08790.0879
CNY0.80120.8052
Index107.0105.7

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