RBV - Griffith University Joint Policy Working Papers

RBV-Griffith University Collaborative Reseach Working Papers

Text of published papers and the titles of upcoming authors can be found on South Pacific Centre for Central Banking on the Griffith Asia Institute webpage:

South Pacific Centre for Central Banking

 

2019

Policy Research Working Paper #1 2019 

Inclusion inspires global financial agenda but how does it fare in the small Pacific Island Countries? The case of Vanuatu

By Baniuri, A., A. Bill, T. West, P. Sharma, N. Jayawardena and T. Zhang

 

 

 

Exchange Rates

Countries:  Date: 8-August-2025

  USD    118.40

  JPY     0.8048

  NZD    70.58

  GBP    159.14

  AUD     77.20

  EUR    138.10

 

 

 

 

 

 

 

Key Indicators

 

INFLATION

June 2024 (Year Ended)
June 2024 (Year Average)

 2.2 %
 6.6%

GDP- Real growth

  

Official:

  •  2022

Source: Vanuatu Bureau of Statistics (VBoS)

 

5.2%

Projected:

  •  2023
  •  2024

Source: Macro Economic Committee (MEC) Estimates

 

3.0%
2.1%

FOREIGN RESERVES

Months of Import:
September  2024


 6.8

LIQUIDITY (September 2024)

Excess Reserve

31,088.4 MVT

MONEY & CREDIT (August 2024)

Money Supply (M2)

Net foreign Assets

Domestic Credit

Private sector credit

 

Narrow Money (M1)

 

122,295.3 MVT

85,265.5 MVT

61,815.8 MVT

 67,935.4 MVT


93,175.2 MVT

INTEREST RATES (September 2024)

RBV Policy Rate

91 Day RBV Notes

Weighted Average Deposit Rate (Aug 24)

Weighted Average Lending Rate (Aug 24)

 2.75%

0.68%

0.29%

 

8.56%

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