Welcome!

Welcome to the Reserve Bank of Vanuatu's website. We are pleased to present to you the Bank’s website. With the website, the Bank aims to...

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Coin Collection
Legal tender Vatu coins in circulation
Stone Money
Traditional money used in custom ceremonial occasions
10,000VT Specimen
New Family of Vatu notes
Basket Kumala
A typical local commodity
Conch Shell
Traditional money used in custom ceremonial occasions

Monetary Policy Framework

In conducting monetary policy, the Reserve Bank needs an operational framework; an overview of the monetary policy framework in Vanuatu is given in the chart below. The framework broadly comprises the ultimate objectives of macroeconomic policy, intermediate variables or target variables, operational variables and monetary instruments.

Monetary Chart New