Category: Media

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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SICUL Elects NEW Board Directors

Solomon Islands Credit Union League Elects new Board of Directors  The Central Bank of Solomon Islands has successfully hosted the Solomon Islands Credit Union League (The League) special general meeting in Honiara on the 3rd...

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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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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 Growth2.4%
Foreign Reserves
(April 3, 2024)SBD $5,689m
Interest Rates
(December, 2023)
Deposit Rate0.38%
Lending Rate8.74%
Money Supply
(April 3, 2024)SBD $5,842m

Exchange Rates

Per
SBD
Today

29/04/2024
Last Week

22/04/2024
USD0.11690.1165
GBP0.09361
0.09412
EUR0.1093
0.10934
AUD0.179000.18158
NZD0.196500.19774
JPY18.4900018.01090
SDR0.087280.08852
CNY
0.846900.84352
Index116.00116.70