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.
Read MorePress Release – Solomon Islands Government Commits to Digitization of 80% of Payments by 2020 Honiara, Solomon Islands – The Solomon Islands Government has today announced its commitment to become a member of the Better...
Read MorePress Release – New Financial Inclusion Specialist in Honiara (Honiara 1 May 2017) The Central Bank of Solomon Islands (CBSI) formally received the appointment of a new financial inclusion specialist under the United...
Read MoreMonthly Economic Bulletin – March, 2017 The Monthly Economic Bulletin for March, 2017 is now available....
Read MorePress Release – CBSI approves two new licenses The Board of the Central Bank of Solomon Islands (CBSI) at its meeting today (April 20, 2017), approved a banking and a credit institution licenses to two applicants....
Read MoreAt its meeting on March 29 2017, the Board of the Central Bank of Solomon Islands (CBSI) resolved to maintain the accommodative monetary policy stance for the next six months. CBSI Governor and Chairman, Mr. Denton Rarawa said...
Read MoreThe Central Bank of Solomon Islands (CBSI) has published the Bank’s 2016 December Quarterly Economic Review on the CBSI website (www.cbsi.com.sb) on April 10th, 2017. The December Economic Review provides an assessment of how...
Read MoreThe Quarterly Economic Review for December 2016 is now available....
Read MoreKeynote Address by Governor Denton Rarawa during Global Money Week program in Noro, Western Province / 30th March, 2017
Read MoreMonetary Policy Stance – March 2017 At its meeting on March 29 2017, the Board of the Central Bank of Solomon Islands (CBSI) resolved to maintain the accommodative monetary policy stance for the next six months. CBSI...
Read MorePer SBD | Today 08/05/2025 | Last Week 01/05/2025 |
|---|---|---|
 USD | 0.1197 | 0.1197 |
 GBP | 0.0899 | 0.0897 |
 EUR | 0.1058 | 0.1055 |
 AUD | 0.1857 | 0.1872 |
 NZD | 0.2008 | 0.2018 |
 JPY | 17.18 | 17.11 |
 SDR | 0.0882 | 0.0883 |
 CNY | 0.8648 | 0.8703 |
| Index | 114.30 | 114.50 |