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: 06-December-2023
USD 119.36
JPY 0.8107
NZD 73.17
GBP 150.32
AUD 78.23
EUR 128.86
Key Indicators
INFLATION
December 2022 : 11.4%
December 2022(Year Average) : 6.5%
GDP
Real GDP Growth 2020 : -0.5%
Source: VBoS
FOREIGN RESERVES(MAY 2023)
Months of Import: 9.3
LIQUIDITY (MAY 2023)
Excess Reserve : 31,457.3 MVT
MONEY & CREDIT (MAY 2023)
Money Supply (M2) : 114,492.1 MVT
Net Foreign Assets : 86,307.2 MVT
Domestic Credit : 49,876.8 MVT
Private Sector Credit : 62,778.0 MVT
Narrow Money (M1) : 89,326.7 MVT
INTEREST RATES (MAY 2023)
RBV Policy Rate : 2.25%
91 Day RBV Notes : 0.36%
Weighted Average Deposit Rate : 0.42%
Weighted Average Lending Rate : 9.05%