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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).


Other Key Indicators

Recent Updates

Press Release - Central Bank of Seychelles announces internal restructuring

25 May 2017

Press Release - Update on the upgrade of the Seychelles Electronic Funds

25 May 2017

Commercial Bank's Applicable Rates on Deposits and Lending

19 May 2017

Balance Sheet February 2017

19 April 2017

Balance Sheet January 2017

19 April 2017

Press Release - Leasing Investment Forum Promotes Alternative Financing Tool in Seychelles

13 April 2017

Welcoming remarks delivered by the Governor of the Central Bank of Seychelles on the occasion of the Seychelles Leasing Investment Forum

12 April 2017

Balance Sheet December 2016 Final

06 April 2017

Balance Sheet December 2015 Final

06 April 2017

Consolidated Average Rates of Authorized Dealers

(May 25, 2017)
Buying Selling Mid-Rate Daily Change
USD 13.6100 13.7972 13.7036 0.1784
EUR 15.0968 15.4758 15.2863 -0.0025
GBP 17.5875 17.9228 17.7552 0.2837

Interbank Lending Rate for Week Ending 19-May-2017  Rate is  3.10 %

Inflation Rate for April 2017

Year on Year

12 Month Average

Month on Month

-0.8 %

-0.9 %


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Interest Rates on T-Bills as at 23 May, 2017




6.12 %

6.43 %

6.58 %

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.

    More Details
  • Full subscription of DBS Bonds

    Read Details