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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


Progress

Other Key Indicators

Recent Updates

Welcoming Remarks by Governor at the Opening of the VISA Digital Payments Workshop
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16 Aug 2018

Commercial Bank's Applicable Rates on Deposits and Lending
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13 Aug 2018

Opening Remarks by Governor at the Second Open Discussion on Praslin
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11 Aug 2018

Commercial Bank's Applicable Rates on Deposits and Lending
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06 Aug 2018

Central Bank of Seychelles welcomes new Board Member
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01 Aug 2018

Commercial Bank's Applicable Rates on Deposits and Lending
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30 Jul 2018

Notification of Best Evaluated Bidder eHRIS - Space95
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23 Jul 2018

Commercial Bank's Applicable Rates on Deposits and Lending
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19 Jul 2018

Consolidated Average Rates of Authorized Dealers

(August 17, 2018)
Buying Selling Mid-Rate Daily Change
USD 13.7334 14.1007 13.9171 -0.0602
EUR 15.8232 16.0723 15.9478 0.0350
GBP 17.5103 17.9900 17.7502 0.2292

Interbank Lending Rate for Week Ending 10-Aug-2018  Rate is  4.15 %

Inflation Rate for Jul 2018

Year on Year

12 Month Average

Month on Month

3.13 %

3.75 %

0.41 %

Read more

Average Interest Rates on T-Bills as at 17 August, 2018

91-day

182-day

365-day

5.62 %

5.92 %

6.97 %

Read more Application for T-Bills

Daily Aggregate Liquidity Condition vs Minimum Reserve Requirement

SCR million
Minimum Reserve Requirement (MRR) Maintenance Period 15 Aug 2018 - 11 Sep 2018
Average MRR to be maintained 1267.15
Figures as at 17 Aug 2018
Average Aggregate Reserves Held in the maintenance period 1547.04
Average Aggregate cumulative excess / (Deficiency) 279.89
Actual Aggregate Reserves Held 1427.62
Actual Aggregate Excess / (Deficiency) 160.46
Forecast as at 20 Aug 2018
Volume of Maturities (DAA, T-Bills, Bonds, SDF) 450.50
Volume of Issuances (T-Bills only) 47.75

Notice


  • MSMEs Access to Credit Survey


    The Central Bank of Seychelles (CBS) will be conducting a survey to gather information on challenges faced by small businesses seeking access to credit.

    The findings will help CBS to better understand these challenges, and will be used during discussions with relevant stakeholders to help address the issues highlighted.

    To access the full version of this notice please click these links.

    English Kreol
  • Demonetisation Notice


    The Central Bank of Seychelles (CBS) wishes to advise the general public that with effect from 15th February 2018, the 10, 25 and 50 Rupee banknotes of the previous series will cease to be legal tender and as such will no longer be accepted as a means of payment.

    To access the full version of this notice please click these links.

    English Kreol
  • 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

  • Best Evaluated Bidder - Cash Cycle Management and Operations Facility


    Notice is hereby given that on 25th September 2017, the Central Bank of Seychelles (CBS) has determined that Giesecke & Devrient FZE of Dubai Airport Free Zone, 6WB, Dubai, United Arab Emirates was the best evaluated bidder and has been recommended for award of contract towards the development of a modern cash cycle management and operations facility for the CBS

    More Details