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:13-June-2024

  USD    118.35

  JPY     0.7556

  NZD    73.21

  GBP    151.48

  AUD     78.88

  EUR    127.94

 

 

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%