Press Release: Monetary Policy Stance – March 2018

Following its meeting on March 29 2018, the Central Bank of Solomon Islands (CBSI) Board resolved to maintain the accommodative monetary policy stance for the next six months.

You can download the Press Release below and the full Monetary Policy Statement – March 2018 below:

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Key Statistics

Inflation
(February, 2024)	4.8%
GDP 2022 Actual (Source: SINSO)	Constant Price: 2012
Real GDP	SBD$ 10,894.6m
Nominal GDP	SBD$ 12,774.5m
Real GDP Growth	2.4%
Foreign Reserves
(April 3, 2024)	SBD $5,689m
Interest Rates (December, 2023)
Deposit Rate	0.38%
Lending Rate	8.74%
Money Supply
(April 3, 2024)	SBD $5,842m