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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 Fourth quarter, the quarterly average target is R2,442 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

Press Release BMIO - Reorganisation of BMIO
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12 December 2014

Commercial Bank's Applicable Rates on Deposits and Lending
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12 December 2014

Press Release BMIO - Taking Possession
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11 November 2014

Rates of Deposit Auction Arrangement
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15 October 2014

Rates of Standing Facilities
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30 July 2014

New Gold and Silver Commemorative Coins - Royal Baby ( Now on Sale )
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24 July 2014



Consolidated Average Rates of Authorized Dealers

( December 19, 2014 )
Buying Selling Mid-Rate Daily Change
USD 14.0141 14.3140 14.1641 0.0312
EUR 17.1341 17.5882 17.3612 -0.1217
GBP 21.5779 22.4822 22.0301 0.0473

Interbank Lending Rate for Week Ending 05-Dec-2014  Rate is  2.50 %

Inflation Rate for November 2014

Year on Year

12 Month Average

Month on Month

0.2 %

1.6 %

-0.6 %

Read more

Interest Rates on T-Bills as at 19 December, 2014

91-day

182-day

365-day

4.74 %

5.16 %

5.56 %

Read more

Notice

  • The Central Bank of Seychelles wishes to advise the general public that due to maintenance work being carried on its website, from Monday 1st to 7th December 2014, customers may experience slow connectivity whilst browsing.
     
    Apologies for any inconvenience caused.
  • Central Bank of Seychelles to administer the issue of Government of Seychelles Treasury Bonds

    More Details
  • Information - Pilot Program for Mobile payments
     
    More Details