Tower Insurance (Vanuatu) Ltd
Contact Person: Mr. Ives Grant, Country Manager
Postal Address:
Unit 7, Ocean Walk Building
Po Box 6049, Port Vila
Phone: (678)22101
Email: grant.ives@towerinsurance.com.vu
Website: https://www.tower.co.nz
Exchange Rates
Countries: Date: 24th March 2023
USD 118.01
JPY 0.9019
NZD 73.77
GBP 145.04
AUD 78.91
EUR 127.84
Key Indicators
INFLATION
December 2021 : 0.7%
December 2021(Year Average) : 2.3%
GDP
Real GDP Growth 2019 : 3.2%
Source: VNSO
FOREIGN RESERVES(JANUARY 2022)
Months of Import: 12 months
LIQUIDITY (DECEMBER 2021)
Excess Reserve : 37,029.5 MVT
MONEY & CREDIT (DECEMBER 2021)
Money Supply (M2) : 102,961.0 MVT
Net Foreign Assets : 81,272.8 MVT
Domestic Credit : 41,860.4 MVT
Private Sector Credit : 59,427.3 MVT
Narrow Money (M1) : 76,325.2 MVT
INTEREST RATES (DECEMBER 2021)
RBV Policy Rate : 2.25%
91 Day RBV Notes : 0.40%
Weighted Average Deposit Rate : 0.47%
Weighted Average Lending Rate : 9.40%