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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

Commercial Bank's Applicable Rates on Deposits and Lending

13 January 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

CBS Balance Sheet Sep 2016

09 November 2016

JOINT PRESS COMMUNIQUE - Completion of Baseline Survey on Financial Literacy

04 November 2016

Report_Financial Literacy Survey

04 November 2016

Welcoming speech - Presentation of financial literacy baseline survey results

04 November 2016

Press Release - The Central Bank of Seychelles will soon release a new family of banknotes and coins
English Kreol Français

03 November 2016

Consolidated Average Rates of Authorized Dealers

(January 17, 2017)
Buying Selling Mid-Rate Daily Change
USD 13.4940 13.7214 13.6077 0.0700
EUR 14.1441 14.5850 14.3646 -0.0676
GBP 15.8242 16.5874 16.2058 -0.0052

Interbank Lending Rate for Week Ending 13-Jan-2017  Rate is  2.90 %

Inflation Rate for Dec 2016

Year on Year

12 Month Average

Month on Month

-0.2 %

-1.0 %

-0.2 %

Read more

Interest Rates on T-Bills as at 17 January, 2017




7.09 %

7.57 %

7.88 %

Read more


  • 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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