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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 third quarter of 2015, the quarterly average target is R2,478 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

Commercial Bank's Applicable Rates on Deposits and Lending
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24 July 2015

CBS Issues Commemorative Coin in collaboration with the National Day Celebrations Committee
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23 June 2015

Caution on Circulation of Counterfeit Banknotes
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17 June 2015

Annual Report 2014
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31 March 2015

Press Release on Exchange of Non-Standardised Cheques
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31 March 2015



Consolidated Average Rates of Authorized Dealers

(July 27, 2015)
Buying Selling Mid-Rate Daily Change
USD 12.8114 13.2398 13.0256 0.0197
EUR 14.1766 14.5672 14.3719 0.0397
GBP 19.9463 20.6314 20.2889 0.0559

Interbank Lending Rate for Week Ending 24-Jul-2015  Rate is  2.50 %

Inflation Rate for Jun 2015

Year on Year

12 Month Average

Month on Month

4.3 %

2.4 %

0.5 %

Read more

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

91-day

182-day

365-day

8.10 %

11.00 %

12.93 %

Read more
Monetary Policy Communications

Monetary Policy Decision March 2015

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
  • Central Bank of Seychelles to administer the issue of Government of Seychelles Treasury 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