Capital Insurance Ltd

Company: Capital Insurance Ltd

Contact Person: Ms. Thelma Tapasei
Postal Address: P.O. Box 1286,
1st Building, Lini Highway, Port Vila
Vanuatu
Telephone: (678) 27395
Facsimile: (678) 27392
Email: ttapasei@thepacificsinsurer.com

Website: www.cig.com.pg

Exchange Rates

Countries:    Date:16-May-2024

  USD    118.23

  JPY     0.7637

  NZD    72.32

  GBP    148.80

  AUD     79.13

  EUR    128.66

 

 

Key Indicators

INFLATION

June 2023 :   14.4 %

June 2023 (Year Average) :  11.5 %

GDP

Real GDP Growth 2021 :  -1.6%

Source: VBoS

FOREIGN RESERVES

Months of Import: 8.3

 September 2023

LIQUIDITY (SEPTEMPER 2023)

Excess Reserve :  32,195.1 MVT

MONEY & CREDIT (SEPTEMPER 2023)

Money Supply (M2) : 114,120.9 MVT

Net Foreign Assets :  84,713.3 MVT

Domestic Credit  :  52,475.5 MVT

Private Sector Credit :  65,168.8 MVT

Narrow Money (M1) :  88,022.9 MVT

INTEREST RATES (SEPTEMPER 2023)

 RBV Policy Rate :  2.25%

91 Day RBV Notes :  0.35%

Weighted Average Deposit Rate :  0.37%

Weighted Average Lending Rate :  8.83%