Category: Speeches

Speech: Westpac USSD Mobile Banking Services, Launch

Remarks by CBSI Governor, Denton Rarawa at the Launch of the Westpac USSD Mobile Banking Service, Westpac Bank Building, 6th February 2014.

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Key Statistics

Inflation
(January, 2025)	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
(April 9, 2025)	SBD $5,787m
Interest Rates (December, 2024)
Deposit Rate	0.47%
Lending Rate	8.45%
Money Supply
(April 9, 2025)	SBD $6,168m

Exchange Rates

Per SBD	Today 16/04/2025	Last Week 09/04/2025
USD	0.1197	0.1197
GBP	0.0905	0.0938
EUR	0.1059	0.1093
AUD	0.1886	0.2000
NZD	0.2037	0.2155
JPY	17.1380	17.5561
SDR	0.0893	0.0901
CNY	0.8748	0.8781
Index	114.70	116.30