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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

ABOUT US

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).


Progress

Other Key Indicators

Recent Updates

Banks' Interest Rates 18.08.2017
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21 Aug 2017

Labank Santral i rekonsider son desizyon pour kennsel laysenns GCC Exchange
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18 Aug 2017

Licences of GCC Exchange (Seychelles) Pty Ltd
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18 Aug 2017

Banks' Interest Rates 11.08.2017
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14 Aug 2017

Commercial Bank's Applicable Rates on Deposits and Lending
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04 Aug 2017

Central Bank of Seychelles will be administering the issue of three Treasury Bonds and a Development Bank of Seychelles Bond
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04 Aug 2017

CBS Presents Monetary Policy to Praslin Stakeholders
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28 Jul 2017

Opening Remarks of Governor CBS for SADC CCBG Legal Subcommitee
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24 Jul 2017





Consolidated Average Rates of Authorized Dealers

(August 22, 2017)
Buying Selling Mid-Rate Daily Change
USD 13.5721 13.8666 13.7194 -0.0287
EUR 15.8967 16.3588 16.1278 -0.0042
GBP 17.1098 17.5719 17.3409 -0.3433



Interbank Lending Rate for Week Ending 18-Aug-2017  Rate is  3.75 %



Inflation Rate for Jul 2017

Year on Year

12 Month Average

Month on Month

3.2 %

1.1 %

0.3%

Read more



Average Interest Rates on T-Bills as at 22 August, 2017

91-day

182-day

365-day

4.01 %

5.05 %

5.55 %
Read more Application for T-Bills


Monetary Policy Communications

Monetary Policy Discussions for Q2 2017 and Decisions for Q3 2017
Monetary Policy Presentation


Notice

  • Issuance of Bonds

    As of August 07, 2017, the Financial Markets Division of the Central Bank of Seychelles will be administering the issue of three Treasury Bonds, on behalf of the Government of Seychelles and one on behalf of the Development Bank of Seychelles.

    More Details

  • 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

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