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: 02-October-2023

  USD    120.97

  JPY     0.8087

  NZD    72.47

  GBP    147.52

  AUD    77.75

  EUR   127.88

 

 

 

 

 

Key Indicators

INFLATION

December 2022 :   11.4%

December 2022(Year Average) :  6.5%

GDP

Real GDP Growth 2020 :  -0.5%

Source: VBoS

FOREIGN RESERVES(MAY 2023)

Months of Import: 9.3

 

LIQUIDITY (MAY 2023)

Excess Reserve :  31,457.3 MVT

MONEY & CREDIT (MAY 2023)

Money Supply (M2) : 114,492.1 MVT

Net Foreign Assets :  86,307.2 MVT

Domestic Credit  :  49,876.8 MVT

Private Sector Credit :  62,778.0 MVT

Narrow Money (M1) :  89,326.7 MVT

INTEREST RATES (MAY 2023)

 RBV Policy Rate :  2.25%

91 Day RBV Notes :  0.36%

Weighted Average Deposit Rate :  0.42%

Weighted Average Lending Rate :  9.05%