Category: Media

Keynote Speech by Governor, Dr Luke Forau at the 2024 SICCI Business Excellence Awards

Speech: Keynote Address by Governor Dr Luke Forau at the 2024 SICCI Business Excellence Awards. ...

Press Release: Financial Stability Report for the First Half of 2024 Highlights Resilience Amid Global and Domestic Challenges

Press Release 10/24: CBSI Financial Stability Report for the first half of 2024 highlights...

Monetary Policy Stance for September 2024

Press Release : 09/2024 – Monetary Policy Stance for September 2024 At its monetary policy meeting held on 29th August 2024, the Board of the Central Bank of Solomon Islands (CBSI) has adopted an...

Public Notice 03.24 – Attention: Mandatory Licensing Requirement for Foreign Exchange Businesses in Solomon Islands

Public Notice 03.2024 – Attention: Mandatory Licensing Requirement for Foreign Exchange Businesses in Solomon Islands The Central Bank of Solomon Islands (CBSI) is aware of unlicensed dealers in relation to Foreign...

EXCHANGE CONTROL NOTICE 02/2024

EXCHANGE CONTROL NOTICE 02/2024 : EXCHANGE CONTROL NOTICE TO ALL EXPORTERS. Pursuant to the powers conferred upon the Central Bank of Solomon Islands (CBSI) under Section 3 of the Exchange Control Act, 1976, and Section 13 and...

Key Statistics

Inflation
(September, 2024)	4.0%
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
(October 2, 2024)	SBD $5,585m
Interest Rates (June, 2024)
Deposit Rate	0.46%
Lending Rate	8.23%
Money Supply
(October 23, 2024)	SBD $5,937m