Thelma Tapasei
Postal Address:
lST Building, P O Box 1286, Lini Highway
Port Vila
Vanuatu
Phone:(678)27395
Fax:(678)27392
Email: ttapasei@thepacificsinsurer.com
Website: www.cig.com.pg
Exchange Rates
Countries: Date: 11-May-2021
USD 106.83
JPY 0.9814
NZD 77.61
GBP 150.86
AUD 83.68
EUR 129.60
Key Indicators
INFLATION
March 2020 - 3.0%
March 2020(Year Average) - 2.9%
GDP
Real GDP Growth 2018 - 2.9%
Source: VNSO
FOREIGN RESERVES
Months of Import:
March 2020 - 13.0%
LIQUIDITY MARCH 2020
Excess Reserve - 30,319.2 MVT
MONEY & CREDIT (MARCH 2020)
Money Supply (M2) - 95,772.5 MVT
Net Foreign Assets - 69,508.1 MVT
Domestic Credit - 44,444.8 MVT
Private Sector Credit - 59,974.7 MVT
Narrow Money (M1) - 64,175.9 MVT
INTEREST RATES (MARCH 2020)
RBV Policy Rate - 2.25%
91 Day RBV Notes - 0.1%
Weighted Average Deposit Rate - 0.7%
Weighted Average Lending Rate - 9.8%