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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

The Interest Rate Corridor (IRC) shall be effective as from July 19, 2017 in line with the start of the new Minimum Reserve Requirement (MRR) maintenance period.

As at the second quarter of 2014 the Reserve Money target is calculated on a quarterly average basis. For the third quarter of 2017, the quarterly average target is R3,255 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

Opening Remarks of Governor CBS for SADC CCBG Legal Subcommitee

24 Jul 2017

Banks' Interest Rates 21.07.2017

24 Jul 2017

CBS Discusses Monetary Policy with SCCI

18 Jul 2017

Balance Sheet May 2017

18 Jul 2017

Press Release - Lulu Exchange Ltd Resumes Operations

17 Jul 2017

Banks' Interest Rates 14.07.2017

17 Jul 2017

CBS Supports Banknote Ethics Initiative

17 Jul 2017

Kominike Lapres - Polisi Moneter

11 Jul 2017

Consolidated Average Rates of Authorized Dealers

(July 25, 2017)
Buying Selling Mid-Rate Daily Change
USD 13.2314 13.8653 13.5484 -0.1347
EUR 15.7848 16.0768 15.9308 0.0004
GBP 17.4797 18.0717 17.7757 -0.0440

Interbank Lending Rate for Week Ending 21-Jul-2017  Rate is  3.10 %

Inflation Rate for Jun 2017

Year on Year

12 Month Average

Month on Month

3.7 %

0.8 %


Read more

Average Interest Rates on T-Bills as at 25 July, 2017




4.12 %

4.65 %

5.18 %

Read more Application for T-Bills


  • 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