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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 first quarter of 2016, the quarterly average target is R2,736 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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05 February 2016

Joint CBS-SBA Communique - Fraud attempt on ATMs - Cards will be blocked and replaced as a precaution
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21 August 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

(February 11, 2016)
Buying Selling Mid-Rate Daily Change
USD 13.0843 13.3597 13.2220 0.1192
EUR 14.6900 15.0596 14.8748 0.0206
GBP 18.5628 19.4155 18.9892 -0.1666

Interbank Lending Rate for Week Ending 05-Feb-2016  Rate is  2.50 %

Inflation Rate for January 2016

Year on Year

12 Month Average

Month on Month

-0.1 %

3.8 %

-0.6 %

Read more

Interest Rates on T-Bills as at 05 February, 2016

91-day

182-day

365-day

5.58 %

6.47 %

7.05 %

Read more
Monetary Policy Communications

Monetary Policy Decision Quater 4 December 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