KEY INDICATORS
Inflation |
|
(January, 2024) | 3.9% |
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 | |
(March 20, 2024) | SBD $5,663m |
Interest Rates (December, 2023) |
|
Deposit Rate | 0.38% |
Lending Rate | 8.74% |
Money Supply | |
(March 20, 2024) | SBD $5,906m |
LATEST NEWS
Quarterly Report – December 2023
Quarterly Report - December 2023 The Quarterly report for December 2023 is now available. The Quarterly Review is prepared by the Economics Research and Statistics Department of the Central Bank of Solomon Islands and published four times a year.
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 LOAN “MobileFund” GOES LIVE IN THE SOLOMON ISLANDS Honiara, Solomon Islands – Launched today, selected active YouSavers with the Solomon Islands National Provident Fund (SINPF) will...
Monthly Economic Bulletin – February 2024
Monthly Economic Bulletin -February 2024The Monthly Economic Bulletin for February 2024 is now available.
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 ArticleThe Central Bank of Solomon Islands (CBSI) wishes to address inaccuracies in the article titled "CBSI UNDER SCRUTINY: CBSI hiring private lawyers questioned, many fear the presence of...
Press Release 02/24: ACCountplan Ltd Granted Exclusive Restricted Classified FX Dealers License for Money Transfer Services (MTS) OperationsPress Release 02/24:
Press Release 02/24: ACCountplan Ltd Granted Exclusive Restricted Classified FX Dealers License for Money Transfer Services (MTS) Operations The Central Bank of Solomon Islands (CBSI) is pleased to announce the granting of a Restricted Classified FX Dealers...
Press Release 01/24 – Monetary Policy Stance for March 2024
Press Release 01/24: Monetary Policy Stance for March 2024 Following its meeting on 12th March 2024, the Board of the Central Bank of Solomon Islands (CBSI) have decided to maintain a tight monetary policy stance for the next six months, mainly in response to the...
Exchange Control Notice 01/2024: Restricted Classified Dealers’ Foreign Exchange Threshold Delegated Limits Effective 1st March 2024
Exchange Control Notice 01/2024: Restricted Classified Dealers Foreign Exchange Threshold Delegated Limits: Effective 1st March 2024The Central Bank of Solomon Islands (CBSI) hereby notifies all License FX dealers that there has been an increase in the delegated FX...
EXCHANGE RATES
Per SBD | Today 28/3/2024 | Last Week 21/03/2024 |
---|---|---|
USD | 0.1175 | 0.1176 |
GBP | 0.0930 | 0.0922 |
EUR | 0.1085 | 0.1079 |
AUD | 0.1800 | 0.1791 |
NZD | 0.1958 | 0.1938 |
JPY | 17.7904 | 17.7888 |
SDR | 0.0886 | 0.0886 |
CNY | 0.8490 | 0.8466 |
Index | 115.70 | 115.30 |