Category: Press Releases

PRess Release 05.22 – CBSI Monetary Policy Stance – March 2022

CBSI Monetary Policy Stance – March 2022 Based on recent assessments of economic conditions...

Press Release 04.22 – CBSI and TCSI signs MOU

PRess Release 04.22 – CBSI & TCSI signs MOU SIGNING OF MoU BETWEEN THE CENTRAL BANK OF...

Macroeconomic Update for the SI economy

Microeconomic update for the Solomon Islands Economy The Central Bank of Solomon Islands (CBSI) provides the following macroeconomic update. Domestic economic activities remained broadly weak across all sectors since the...

Press Release: Regulatory Policy Response to COVID-19

Regulatory Policy Response to COVID-19 The Central Bank of Solomon Islands (CBSI) wishes to inform the general public that it has waived the following regulatory policy for financial institutions. CBSI has waived the...

CBSI condemns vandalism of BSP Point Cruz Branch and reiterates call for Honiara residents to respect key infrastructures

CBSI condemns vandalism of BSP Point Cruz Branch and reiterates call for Honiara residents to respect key infrastructures (Honiara 28.12.2021) – The Central Bank of Solomon Islands (CBSI) is appalled by the recent...

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

Exchange Rates

Per SBD	Today 30/04/2024	Last Week 23/04/2024
USD	0.1172	0.1165
GBP	0.09331	0.09434
EUR	0.10931	0.10938
AUD	0.17853	0.18088
NZD	0.19606	0.19700
JPY	18.31719	18.02546
SDR	0.08892	0.08860
CNY	0.84791	0.84380
Index	115.6	116.50