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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 2015, the quarterly average target is R2,455 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

17 April 2015

Annual Report 2014

31 March 2015

Press Release on Exchange of Non-Standardised Cheques

31 March 2015

Consolidated Average Rates of Authorized Dealers

( April 24, 2015 )
Buying Selling Mid-Rate Daily Change
USD 13.1958 13.6349 13.4154 0.0024
EUR 14.2405 14.6223 14.4314 -0.0901
GBP 19.6657 20.6368 20.1513 0.1141

Interbank Lending Rate for Week Ending 17-Apr-2015  Rate is  2.50 %

Inflation Rate for Mar 2015

Year on Year

12 Month Average

Month on Month

5.8 %

1.8 %

2.5 %

Read more

Interest Rates on T-Bills as at 24 April, 2015




7.30 %

10.05 %

11.73 %

Read more
Monetary Policy Communications

Monetary Policy Decision March 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.

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

    More Details