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Our Mission : To contribute towards the sustainable economic growth and development of Seychelles through prudent monetary policy and maintenance of a sound financial system

Welcome to the official website of the Central Bank of Seychelles

The primary objective of the Bank is to promote domestic price stability. The other objectives of the Bank are -

a) to advise the Government on banking, monetary and financial matters, including the monetary

implications of proposed fiscal, credit policies or operations of the Government; and

b) to promote a sound financial system. Read more

As at the second quarter of 2014 the Reserve Money target is calculated on a quarterly average basis. For the fourth quarter of 2015, the quarterly average target is R2,700 million. This is surrounded by a symmetrical three per cent band whereby the upper bound of the band serves as the performance criterion (PC) or indicative target (ceiling).


Other Key Indicators

Recent Updates

Commercial Bank's Applicable Rates on Deposits and Lending

20 November 2015

Joint CBS-SBA Communique - Fraud attempt on ATMs - Cards will be blocked and replaced as a precaution

21 August 2015

CBS Issues Commemorative Coin in collaboration with the National Day Celebrations Committee

23 June 2015

Caution on Circulation of Counterfeit Banknotes

17 June 2015

Annual Report 2014

31 March 2015

Press Release on Exchange of Non-Standardised Cheques

31 March 2015

Consolidated Average Rates of Authorized Dealers

(November 25, 2015)
Buying Selling Mid-Rate Daily Change
USD 12.9836 13.2798 13.1317 -0.0250
EUR 13.8558 14.1369 13.9964 0.0938
GBP 19.7135 20.1133 19.9134 0.1261

Interbank Lending Rate for Week Ending 20-Nov-2015  Rate is  2.50 %

Inflation Rate for Oct 2015

Year on Year

12 Month Average

Month on Month

3.6 %

3.5 %

-0.7 %

Read more

Interest Rates on T-Bills as at 20 November, 2015





7.41 %

7.72 %

Read more
Monetary Policy Communications

Monetary Policy Decision Quater 3 October 2015


  • Procurement Policy

    The Central Bank of Seychelles’ (CBS) procurement activities are guided by its Procurement Policy. To better align these with best international practices and those of Government, in March 2015 the CBS’ Board approved revisions to the Policy. The Policy sets out amongst other things the approved procurement methods, bidding process, bid evaluation, award of contract, complaints handling and terms of contract.

    To access the abridged version of the Procurement Policy please click this link.

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  • Central Bank of Seychelles to administer the issue of Government of Seychelles Treasury Bonds

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  • Notice of Tender Award-ISMS

    Notice is hereby given that in March 2015, Pilgrims Security Ltd was awarded a contract to supply, install and commission an Integrated Security Management System at the Central Bank of Seychelles.

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