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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 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).


Progress

Other Key Indicators

Recent Updates

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

Press Release on Monetary Policy Decision March 2015
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31 March 2015

Commercial Bank's Applicable Rates on Deposits and Lending
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27 March 2015



Consolidated Average Rates of Authorized Dealers

( March 31, 2015 )
Buying Selling Mid-Rate Daily Change
USD 13.2098 13.7959 13.5029 -0.0140
EUR 14.3080 14.8636 14.5858 -0.0780
GBP 19.5594 20.4069 19.9832 -0.1755

Interbank Lending Rate for Week Ending 27-Mar-2015  Rate is  2.50 %

Inflation Rate for February 2015

Year on Year

12 Month Average

Month on Month

3.7 %

1.5 %

0.6 %

Read more

Interest Rates on T-Bills as at 31 March, 2015

91-day

182-day

365-day

7.02 %

9.19 %

10.84 %

Read more

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

    More Details