Welcome to the Central Bank of Solomon Islands

CBSI is the premier financial institution in the country and is at the center of the banking and financial system, performing a number of essential functions, including the formulation and implementation of the country’s monetary policies.

> read more about us

Maintaining Price Stability

Our Primary Objective is to maintain price stability, Price stability is essential for sustainable economic growth and it represents one of the key outcomes that monetary policy aims to achieve.

> visit Monetary Policy

Maintaining a Stable Financial System.

An additional objective of the Central Bank of Solomon Islands, is to foster and to maintain a stable financial system.

> visit Financial Stability

National Financial Inclusion Strategy 3

The Central Bank of Solomon Islands (CBSI) and the Ministry of Communications & Aviation (MCA) have successfully launched the National Financial Inclusion Strategy 3 (NFIS 3) 2021-2025.

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KEY INDICATORS

Inflation
(July, 2023) 3.7%
GDP (2020)
Actual (source: SINSO)
Constant 2012 prices
Real GDP
SBD$ 10,373.1m
Nominal GDP
SBD$ 12,617.0m
Real GDP Growth-3.4%
Foreign Reserves
(September 13, 2023)SBD $5,589m
Interest Rates
(May, 2023)
Deposit Rate0.47%
Lending Rate9.29%
Money Supply
(September 13, 2023)SBD $6,024m

LATEST NEWS

Monetary Policy Stance for September 2023

Press Release 10.23: Monetary policy stance for September 2023The Central Bank of Solomon Islands Board following its meeting on 29th August 2023, decided to maintain a tight monetary policy stance for the next six months as part of its on-going effort to keep price...

EXCHANGE RATES

Per
SBD
Today
22/09/2023
Last Week
15/09/2023
USD0.11830.1183
GBP0.09620.0950
EUR0.11100.1107
AUD0.18440.1840
NZD0.19950.2001
JPY17.456617.4425
SDR0.08990.0895
CNY
0.86440.8605
Index116.50116.40

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