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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

The Interest Rate Corridor (IRC) shall be effective as from July 19, 2017 in line with the start of the new Minimum Reserve Requirement (MRR) maintenance period.

As at the second quarter of 2014 the Reserve Money target is calculated on a quarterly average basis. For the third quarter of 2017, the quarterly average target is R3,255 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).


Progress

Other Key Indicators

Recent Updates

CBS Discusses Monetary Policy with SCCI
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18 Jul 2017

Balance Sheet May 2017
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18 Jul 2017

Press Release - Lulu Exchange Ltd Resumes Operations
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17 Jul 2017

Banks' Interest Rates 14.07.2017
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17 Jul 2017

CBS Supports Banknote Ethics Initiative
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17 Jul 2017

Kominike Lapres - Polisi Moneter
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11 Jul 2017

Banks' Interest Rates Web-07.07.17
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07 Jul 2017

Press Release - Lulu Exchange Ltd Ceases Operations
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04 Jul 2017





Consolidated Average Rates of Authorized Dealers

(July 21, 2017)
Buying Selling Mid-Rate Daily Change
USD 13.4573 13.8683 13.6628 0.0312
EUR 15.6903 16.0030 15.8467 0.0790
GBP 17.3124 18.0675 17.6900 0.0131



Interbank Lending Rate for Week Ending 14-Jul-2017  Rate is  3.10 %



Inflation Rate for Jun 2017

Year on Year

12 Month Average

Month on Month

3.7 %

0.8 %

0.8%

Read more



Average Interest Rates on T-Bills as at 21 July, 2017

91-day

182-day

365-day

4.23 %

4.74 %

5.21 %

Read more Application for T-Bills




Notice

  • 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.

    More Details
  • Full subscription of DBS Bonds

    Read Details