Category: Article

The dangers of investing in pyramid Scheme

The Dangers of Investing in a Pyramid Scheme. By CBSI Media  Article No. : 20/2020 Solomon Islands is a major target for scammers and fraudsters who are actively spreading their networks through out the Pacific Region. Although...

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Central Province: More focus on Micro Insurance

Central Province: More focus on Micro Insurance  By Natasha Eddie Article No. : 19/2020 There should be more focus on developing micro-insurance products that can cater for the needs of rural Solomon Islands. This was the...

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Causes of Money Management Problems

Causes of Money Management Problems  By CBSI Media Article No. : 18/2020 Money management problem has its causes. Below are some examples: Lack training on the use of money in the home: When parents do not teach their children...

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Managing your personal Finance during COVID-19

Managing your personal finance during COVID-19 By Junior Faka Article No. : 17/2020 During this COVID-19 period, decisions that individual makes may have financial implications whether it be for health, economic or...

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Key Statistics

Inflation
(July, 2021) -0.7%
GDP (2017)
Actual (source: SINSO)
Constant 2012 prices
Real GDP
SBD$ 10,547m
Nominal GDP
SBD$ 11,703m
Real GDP Growth5.3%
Foreign Reserves
(September 15, 2021)SBD $5,814m
Interest Rates
(March, 2021)
Deposit Rate0.53%
Lending Rate10.44%
Money Supply
(September 15, 2021)SBD $5,689m

Exchange Rates

Per
SBD
Today
24/09/2021
Last Week
17/09/2021
USD0.12400.1242
GBP0.09030.0901
EUR0.10560.1056
AUD0.16980.1705
NZD0.17520.1758
JPY13.667013.6235
CNY0.80120.8004
SDR0.08730.0873
Index108.50108.60

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