Category: Article

How to protect yourself from lottery scam

How to protect yourself from lottery scam By CBSI media Article No. : 21/2020 Lottery scams follow a definite pattern. In almost every case, you’ll be contacted with the news that you’ve won a lottery prize. What happens next,...

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The dangers of investing in pyramid Scheme

The Dangers of Investing in a Pyramid Scheme. By CBSI Media  Article No. : 20/2020 Solomon Islands is a major target for scammers and fraudsters who are actively spreading their networks through out the Pacific Region. Although...

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Central Province: More focus on Micro Insurance

Central Province: More focus on Micro Insurance  By Natasha Eddie Article No. : 19/2020 There should be more focus on developing micro-insurance products that can cater for the needs of rural Solomon Islands. This was the...

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Causes of Money Management Problems

Causes of Money Management Problems  By CBSI Media Article No. : 18/2020 Money management problem has its causes. Below are some examples: Lack training on the use of money in the home: When parents do not teach their children...

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Managing your personal Finance during COVID-19

Managing your personal finance during COVID-19 By Junior Faka Article No. : 17/2020 During this COVID-19 period, decisions that individual makes may have financial implications whether it be for health, economic or...

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Key Statistics

Inflation
(May, 2024) 3.6%
GDP 2022 Actual
(Source: SINSO)
Constant Price: 2012
Real GDP
SBD$ 10,894.6m
Nominal GDP
SBD$ 12,774.5m
Real GDP Growth2.4%
Foreign Reserves
(July 10, 2024)SBD $5,612m
Interest Rates
(March, 2024)
Deposit Rate0.33%
Lending Rate8.79%
Money Supply
(July 10, 2024)SBD $5,863m

Exchange Rates


Per
SBD

Today
18/07/2024

Last Week
11/07/2024
USD0.11870.1184
GBP0.0913
0.0923
EUR0.10860.1094
AUD0.17630.1756
NZD0.19540.1944
JPY18.610019.1400
SDR0.08940.0897
CNY
0.86190.8614
Index114.30114.4