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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 second quarter of 2017, the quarterly average target is R3,077 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

21 April 2017

Balance Sheet February 2017

19 April 2017

Balance Sheet January 2017

19 April 2017

Press Release - Leasing Investment Forum Promotes Alternative Financing Tool in Seychelles

13 April 2017

Welcoming remarks delivered by the Governor of the Central Bank of Seychelles on the occasion of the Seychelles Leasing Investment Forum

12 April 2017

Balance Sheet December 2016 Final

06 April 2017

Balance Sheet December 2015 Final

06 April 2017

Financial Statements 2016

31 March 2017

Reserve Management Annual Report 2016

31 March 2017

Annual Report 2016

31 March 2017

Consolidated Average Rates of Authorized Dealers

(April 28, 2017)
Buying Selling Mid-Rate Daily Change
USD 13.4929 13.8064 13.6497 0.0961
EUR 14.6855 15.0223 14.8539 0.0406
GBP 17.3200 17.8390 17.5795 0.2226

Interbank Lending Rate for Week Ending 21-Apr-2017  Rate is  3.10 %

Inflation Rate for March 2017

Year on Year

12 Month Average

Month on Month

-1.2 %

-0.9 %


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Interest Rates on T-Bills as at 28 April, 2017




6.82 %

7.08 %

7.46 %

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  • 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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