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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 2017, the quarterly average target is R3,005 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

Press Release - Central Bank clarifies the demonetisation date of June 30th

22 March 2017

Press Release - Revocation of Bureau de Change Licence and Payment Service Provider Licence of GCC Exchange (Seychelles) Pty Ltd (GCC Exchange) by the Central Bank of Seychelles (CBS)

21 March 2017

Commercial Bank's Applicable Rates on Deposits and Lending

17 March 2017

Opening Speech by Ms Caroline Abel, Governor of Central Bank of Seychelles at the Alliance for Financial Inclusion Meetings

13 March 2017

Press Communique - AFI

10 March 2017

Press Release - FSC discussions

06 March 2017

CBS Balance Sheet Dec 2016 (Provisional)

27 February 2017

Press Release - Demonetisation of the 1998 to 2005 Series of 100 and 500 Rupee Banknotes

15 February 2017

Press Release - Monetary Policy Decision December 2016

30 December 2016

Keynote speech delivered by Ms. Caroline Abel, Governor of the Central Bank of Seychelles on the occasion of the unveiling of the new family of currency

01 December 2016

2016.10 (PR) FSC meeting discussions (2016Q1-2016Q2 review)

24 November 2016

Consolidated Average Rates of Authorized Dealers

(March 22, 2017)
Buying Selling Mid-Rate Daily Change
USD 13.3753 13.7910 13.5832 -0.0112
EUR 14.5192 14.8730 14.6961 0.0059
GBP 16.4427 17.1362 16.7895 0.0385

Interbank Lending Rate for Week Ending 17-Mar-2017  Rate is  3.10 %

Inflation Rate for February 2017

Year on Year

12 Month Average

Month on Month

-0.6 %

-1.1 %


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Interest Rates on T-Bills as at 21 March, 2017




5.88 %

6.02 %

6.32 %

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  • 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.

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  • Full subscription of DBS 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.

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