Category: Press Releases

Press Release 07/2024 – CBSI: Financial System Demonstrates Resilience Amid Global Challenges in Second Half of 2023

Press Release : 07/2024 – CBSI: Financial System Demonstrates Resilience Amid Global Challenges in Second Half of 2023 The Central Bank of Solomon Islands (CBSI) is pleased to release the Financial Stability Report for...

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Press Release 06/24 – Solomon Islands’ New Payment System to improve efficiency in payment and Increase Access to Banking, Support EconomyPress Release 06/24 –

Solomon Islands New Payment System to Improve efficiency and increase access to Banking, Support...

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Press Release No.5/24 – IumiCash Ltd admitted as the 3rd applicant under the CBSI RSB Framework to start testing its Money Transfer Services (MTS)

IumiCash Ltd admitted as the 3rd applicant under the CBSI RSB Framework to start testing its Money...

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Press Release 04/24 – INSTANT LOAN “MobileFund” Goes Live in the Solomon Islands

INSTANT DIGITAL LOAN “MobileFund” GOES LIVE IN THE SOLOMON ISLANDS INSTANT DIGITAL...

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Press Release 03/24 – Central Bank of Solomon Islands (CBSI) Responds to Inaccuracies in Media Article

Central Bank of Solomon Islands (CBSI) Responds to Inaccuracies in Media Article The Central Bank of Solomon Islands (CBSI) wishes to address inaccuracies in the article titled “CBSI UNDER SCRUTINY: CBSI hiring private...

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Key Statistics

Inflation
(January, 2025)	5.0%
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 9, 2025)	SBD $5,787m
Interest Rates (December, 2024)
Deposit Rate	0.47%
Lending Rate	8.45%
Money Supply
(April 9, 2025)	SBD $6,168m

Exchange Rates

Per SBD	Today 01/05/2025	Last Week 24/04/2025
USD	0.1197	0.1197
GBP	0.0897	0.0903
EUR	0.1055	0.1052
AUD	0.1872	0.1881
NZD	0.2018	0.2013
JPY	17.11	17.02
SDR	0.0883	0.0883
CNY	0.8703	0.8729
Index	114.50	114.60