Below you can download the Monthly Financial & Economic News for the year 2023.

Attachments:

File  File size
FEN - January 2023 237 KB
FEN - February 2023 330 KB
FEN - March 2023 410 KB
FEN - April 2023 312 KB
FEN - May 2023 345 KB
FEN - June 2023 486 KB
FEN - July 2023 346 KB
FEN - August 2023 394 KB
FEN - September 2023 516 KB
FEN - October 2023 405 KB
FEN - November 2023 275 KB 
FEN - December 2023 295 KB

 

Exchange Rates

Countries:    Date:26-July-2024

  USD    120.04

  JPY     0.7799

  NZD    70.69

  GBP    154.29

  AUD     78.48

  EUR    130.20

 

 

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%