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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 2016, the quarterly average target is R2,962 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

Keynote speech delivered by Ms. Caroline Abel, Governor of the Central Bank of Seychelles on the occasion of the unveiling of the new family of currency
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01 December 2016

Commercial Bank's Applicable Rates on Deposits and Lending
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25 November 2016

2016.10 (PR) FSC meeting discussions (2016Q1-2016Q2 review)
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24 November 2016

CBS Balance Sheet Sep 2016
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09 November 2016

JOINT PRESS COMMUNIQUE - Completion of Baseline Survey on Financial Literacy
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04 November 2016

Report_Financial Literacy Survey
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04 November 2016

Welcoming speech - Presentation of financial literacy baseline survey results
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04 November 2016

Press Release - The Central Bank of Seychelles will soon release a new family of banknotes and coins
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03 November 2016



Consolidated Average Rates of Authorized Dealers

(December 02, 2016)
Buying Selling Mid-Rate Daily Change
USD 13.3307 13.6633 13.4970 -0.0195
EUR 14.2156 14.4847 14.3502 0.0710
GBP 16.4536 17.1514 16.8025 0.0718

Interbank Lending Rate for Week Ending 18-Nov-2016  Rate is  2.90 %

Inflation Rate for Oct 2016

Year on Year

12 Month Average

Month on Month

-0.5 %

-0.4 %

-0.2 %

Read more

Interest Rates on T-Bills as at 02 December, 2016

91-day

182-day

365-day

5.32 %

5.75 %

6.08 %

Read more

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

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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.

    More Details