Author: Craiggs Tesi

CBSI’s POSITION ON CRYPTOCURRENCIES

CBSI’s POSITION ON CRYPTO-CURRENCIES The Central Bank of Solomon Islands (CBSI) wishes to warn the general public that cryptocurrencies (i.e. virtual or digital currencies such as bitcoin, etherium, ripple, and others) are not...

Let’s hear from the experts – USA & China Trade War and its Impact to our Foreign Reserve

Let’s hear from the experts – USA & China Trade War and its Impact to our Foreign Reserve Op-Ed by Natasha Eddie, Ali Homelo, Charlie Kuper Article No. : 10/2019 The past two Sunday’s we looked at what Foreign Reserves...

Key Statistics

Inflation
(March, 2024)	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
(June 19, 2024)	SBD $5,211m
Interest Rates (March, 2024)
Deposit Rate	0.33%
Lending Rate	8.79%
Money Supply
(June 19, 2024)	SBD $5,852m