Category: Article

Rarawa – “Digital finance, key to de-risking”

De-risking has become a development financing issue that many countries in the Pacific are still struggling to tackle. According to the Governor of the Central Bank of Solomon Islands, Mr. Denton Rarawa, this is an issue of concern not only to Central banks in the region but in other parts of the world.

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What NPF’s new saving scheme is

What NPF’s new saving scheme is By Natasha Eddie, CBSI Communications Officer Article No. : 03/2017 For so long, those in the informal sectors have been excluded from joining Solomon Islands Provident Fund. But with the...

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CBSI Role in the Cash Cycle

Many people still do not understand how cash circulates with in our economy and often express their interest in knowing more about the role of Central Bank of Solomon Islands (CBSI) in this area. This article describes the role of the Central Bank in the cash cycle and aims to inform the public of how the cycle works in general, in order for people to understand and
appreciate the role CBSI plays in maintaining smooth circulation. The full article and currency movement chart can be downloaded below.

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Debt – Growth Nexus the Case for Solomon Islands

External borrowing or debt is a common practice in developing and least developed countries around the world for various reasons. If local borrowing is limited, these countries depend on sourcing external funds to subsidize their deficit budgets or cushion revenue shortfalls and to fund major infrastructure or development projects.The full article can be downloaded below.

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Key Statistics

Inflation (Source: SINSO)
(June, 2025) 3.7%
GDP: 2022
(Source: SINSO)
Constant Price: 2012
Real GDP
SBD$ 10,894.6m
Nominal GDP
SBD$ 12,774.5m
Real GDP Growth2.4%
Foreign Reserves
(July 9, 2025)SBD $6,173m
Interest Rates
(December, 2024)
Deposit Rate0.47%
Lending Rate8.45%
Money Supply
(July 9, 2025)SBD $6,578m

Exchange Rates


Per
SBD

Today
08/08/25

Last Week
01/08/25
USD0.12130.1210
GBP0.09020.0916
EUR0.10400.1058
AUD0.1861
0.1876
NZD0.20370.2052
JPY17.8418.24
SDR0.08890.0893
CNY
0.87100.8715
Index112.00112.40