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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 second quarter of 2017, the quarterly average target is R3,077 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

BSD RFP Cash Cycle Management and Operations 2017
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21 Jun 2017

Commercial Bank's Applicable Rates on Deposits and Lending
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20 Jun 2017

RFP National Payment Switch
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20 Jun 2017

CBS Balance Sheet Apr 2017
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13 Jun 2017

Commercial Bank's Applicable Rates on Deposits and Lending
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12 Jun 2017

Press Release - Office of the Governor - Imposter Facebook Profile
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09 Jun 2017

Press Release - Financial Stability Committee Discussions
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06 Jun 2017

Press Release - The United Helvetic Bank Limited Surrenders Banking License
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05 Jun 2017



Consolidated Average Rates of Authorized Dealers

(June 23, 2017)
Buying Selling Mid-Rate Daily Change
USD 13.4971 13.8151 13.6561 0.0241
EUR 15.0846 15.4092 15.2469 -0.0207
GBP 16.7361 17.5973 17.1667 -0.1854

Interbank Lending Rate for Week Ending 16-Jun-2017  Rate is  3.10 %

Inflation Rate for May 2017

Year on Year

12 Month Average

Month on Month

3.2 %

0.4 %

0.7%

Read more

Average Interest Rates on T-Bills as at 23 June, 2017

91-day

182-day

365-day

5.23 %

5.53 %

5.84 %

Read more Application for T-Bills

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
  • Full subscription of DBS Bonds

    Read Details