Showing posts with label ReserveBankofFiji. Show all posts
Showing posts with label ReserveBankofFiji. Show all posts

Friday, 12 December 2014

Reserve Bank Of FIJI maintained its Policy Rate as on 27th November 2014

Reserve Bank Of FIJI Policy Rate as on 27th November 2014
Reserve Bank Of FIJI Policy Rate as on 27th November 2014
Reserve Bank Of FIJI Policy Rate as on 30th October 2014
Reserve Bank Of FIJI Policy Rate as on 30th October 2014
Reserve Bank Of FIJI Policy Rate as on 25th September 2014
Reserve Bank Of FIJI Policy Rate as on 25th September 2014
The #CentralBankOfFiji maintained its #Benchmark #OvernightPolicyRate at 0.50% per annum on 27th November 2014

Data compiled and released by the Central Bank of FIJI.
#AsiaPacific #Fiji #Suva #InterestRates #MonetaryPolicy #ReserveBankofFiji #PolicyRates

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Saturday, 11 October 2014

#MonetaryPolicyReview for Fiji and Taiwan as on 25th September 2014


Central Bank of Taiwan maintains Key Rate as on 25th September 2014
Central Bank of Taiwan maintains
Key Rate as on 25th September 2014
Central Bank of Fiji maintains Key Rate as on 25th September 2014
Central Bank of Fiji maintains
Key Rate as on 25th September 2014
#MonetaryPolicyReview for Fiji and Taiwan as on 25th September 2014

The #CentralBankOfFiji maintained its #PolicyRate at 0.50% per annum on 25th September 2014
Data compiled and released by the Central Bank of FIJI

The ‪#‎CentralBankOfTaiwan‬ maintained its ‪#‎PolicyRate‬ at 1.875% per annum on 25th September 2014
Data compiled and released by the Central Bank of Taiwan

‪#‎InterestRates‬ ‪#‎MonetaryPolicy‬ #AsiaPacific #Fiji #InterestRates #ReserveBankofFiji
‪#‎Asia‬ ‪#‎CentralBankoftheRepublicofChina‬(Taiwan) ‪#‎Taiwan‬

Sunday, 20 April 2014

Fiji Central Bank holds Policy rates end of March

31st March 2014

 Fiji's central bank maintained its Overnight Policy Rate at 0.5 percent, steady since November 2011, saying the current policy stance "was appropriate as the outlook for foreign reserves and inflation is comfortable."
    Barry Whiteside, governor of the Reserve Bank of Fiji, added in a statement issued today after a monthly board on meeting on March 28 that the accommodative policy stance would be re-aligned if there are challenges to the bank's twin core objectives of foreign reserves and inflation.
    Inflation in Fiji fell to 0.2 percent in February, the lowest since April 2009, from 2.3 percent in January. The central bank attributed to drop in inflation to free primary and secondary education that was announced in the 2014 national budget.
    Fiji's foreign reserves were estimated at US$1.705 billion as of March 28, enough for 4.5 months of goods, and down from $1.763 billion as of Jan. 30.

Fiji holds rate on comfortable inflation, reserves outlook - Central Bank News

Monday, 17 February 2014

Fiji Central Bank holds Interest rates in the last week of January

30th January 2014

Fiji's central bank maintained its current accommodative policy stance by keeping its Overnight Policy Rate (OPR) steady at 0.5 percent and said domestic demand continues to be buoyant so the economy in 2014 should surpass the pre-budget forecast of 3.0 percent growth.
    The Reserve Bank of Fiji, which has maintained rates since December 2011, also said economic activity in 2013 was broadly positive and the economy should achieve the forecast 3.6 percent growth.
    In October the central bank revised upwards its 2013 growth forecast to 3.6 percent and its 2014 growth forecast to 3.0 percent.
    Domestic demand in Fiji is being supported by improving labour market conditions, an expansionary government budget, record low commercial bank lending rates and a favorable business environment.
    Barry Whiteside, governor of the central bank, said in a statement that partial indicators for investment showed that the pace of investment strengthened last year and will remain above 25 percent of Gross Domestic Product this year, adding that this was reflected in rising domestic credit growth, which had accelerated to 14.3 percent in December.

    The central bank's policy objectives also remained intact, Whiteside said, with Fiji's foreign reserves at US$ 1.77 billion as of Jan. 29, enough for 4.7 months of imports, and inflation is expected to trend toward 3.0 percent by year-end.
    In November Fiji's inflation rate rose marginally to 3.4 percent from 3.3 percent in October, mainly  due to higher prices of food and non-alcoholic beverages


Fiji holds rate, economy set to top 3% growth in 2014 - Central Bank News

Sunday, 28 July 2013

Fiji Central Bank holds rate steady on positive economic outlook


Fiji's central bank held its Overnight Policy Rate (OPR) steady at 0.5 percent, saying the current accommodative stance was appropriate as inflationary pressures remained in check, foreign reserves were at a comfortable level and the economic outlook was positive.
   The Reserve Bank of Fiji, which has maintained its rate since December 2011, said investment activity was "extremely buoyant" with cement sales higher along with increased lending to the manufacturing, building, construction and real estate sectors, confirming the bank's estimate that investment to GDP ratio this year will exceed the government's target of 25 percent.
    "Domestic economic conditions were very positive and there was a growing sense of optimism and confidence about our economy," the bank's governor, Barry Whiteside said.
    Fiji's inflation rate was steady at 1.5 percent in June from May and the Reserve Bank has forecast Gross Domestic Product growth of 2.7 percent this year, up from 2012's 2.5 percent.
    The bank also said that liquidity in the banking system was adequate, putting downward pressure on market interest rates and commercial banks' deposit and lending rates were at historical lows.
    "Against this background, domestic credit has continued to gain momentum with robust commercial bank lending accounting for much of the surge in private sector credit," the bank said.

Fiji holds rate steady on positive economic outlook - Central Bank News

for more details log on to Reserve Bank of Fiji website : http://www.reservebank.gov.fj/