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: 26-May-2023

  USD    119.98

  JPY     0.8566

  NZD    72.74

  GBP    147.84

  AUD    78.07

  EUR   128.70

 

 

 

Key Indicators

INFLATION

December 2021 :   0.7%

December 2021(Year Average) :  2.3%

GDP

Real GDP Growth 2019 :  3.2%

Source: VNSO

FOREIGN RESERVES(JANUARY 2022)

Months of Import: 12 months

LIQUIDITY (DECEMBER 2021)

Excess Reserve :  37,029.5 MVT

MONEY & CREDIT (DECEMBER 2021)

Money Supply (M2) : 102,961.0 MVT

Net Foreign Assets :  81,272.8 MVT

Domestic Credit  :  41,860.4 MVT

Private Sector Credit :  59,427.3 MVT

Narrow Money (M1) :  76,325.2 MVT

INTEREST RATES (DECEMBER 2021)

 RBV Policy Rate :  2.25%

91 Day RBV Notes :  0.40%

Weighted Average Deposit Rate :  0.47%

Weighted Average Lending Rate :  9.40%