One of the primary roles of the Reserve Bank is promoting general stability of the financial system of Vanuatu.The Financials Institutions Supervision Department (FISD) carries out the Reserve Bank's responsibility for the soundness and stability of the financial system of Vanuatu and its supervisory responsibilities and is not limited to commercial banks and international banks but has widened to also supervise other financial institutions including insurance companies and intermediaries.
Exchange Rates
Countries: Date:19-April-2024
USD 121.15
JPY 0.7834
NZD 71.51
GBP 150.70
AUD 77.80
EUR 128.96
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%