Category: Press Releases

Monetary Policy Stance for September 2023

Press Release 10.23: Monetary policy stance for September 2023 The Central Bank of Solomon Islands Board following its meeting on 29th August 2023, decided to maintain a tight monetary policy stance for the next six months as...

Press Release 09.23 – SOLOMON ISLANDS FIRST EVER SUCCESSFUL APPLICANT THROUGH CBSI SANDBOX

Solomon islands first ever succesful applicant through cbsi sandbox The Central Bank of...

Press Release 08.23: Central Bank of Solomon Islands to Conduct Province-wide Consultations for Review of the Central Bank Act 2012

Central Bank Solomon Islands to Conduct Province -wide Consultations for Review of the Central...

CBSI Releases Financial Stability Report 2022

CBSI Releases Financial Stability Report 2H22 The Central Bank of Solomon Islands (CBSI) has formally released its Financial Stability Report (FSR) for the second half of 2022, outlining a general positive assessment in...

Central Bank of Solomon Islands Collaborates with Commonwealth Secretariat to Enhance Debt Management system with New Commonwealth Meridian System

Central Bank of Solomon Islands Collaborates with Commonwealth Secretariat to enhance Dept...

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 Growth	2.4%
Foreign Reserves
(July 10, 2024)	SBD $5,612m
Interest Rates (March, 2024)
Deposit Rate	0.33%
Lending Rate	8.79%
Money Supply
(July 10, 2024)	SBD $5,863m