At its Meeting on the 1st of July 2022, the Central Bank Board approved the continuation of its accommodative monetary policy stance in the financial year 2022/23.Read more »
Welcome to the Central Bank of Samoa
The Central Bank of Samoa is the nation's reserve bank and, as such, it acts as a bank to the Government and the commercial banks.
In accordance with the Government’s State of Emergency Order 65 and the declaration of COVID-19 Alert Level 2 for the country, the general public is hereby advised that effective from Monday, 31st January 2022 to Friday, 11th February 2022, the following shall apply:Read more »
The ultimate goal of Monetary Policy Statements (MPS) is to effectively communicate the Central Bank of Samoa’s (CBS) monetary policy stance in a transparent and accountable manner to improve public awareness. The main objectives of the monetary policy and its corresponding targets are set out in its main legislation, the CBS Act 2015. This Statement is also aligned with the Central Bank of Samoa’s Corporate Plan (CBSCP) and the latest Government’s Strategy for the Development of Samoa. The primary aim of the Central Bank’s monetary policy is to achieve and maintain price stability as well as fostering and maintaining a stable financial system in order to achieve a sustainable real economic growth and a comfortable level of international reserves. Monetary policy decisions are conducted through open market operations (OMO) through the issuance and trading of CBS Securities (CBSS) to achieve these objectives.Read more »
2016/17 SAT$2,110M (+1.0%)
Daily Exchange Rates
Friday 07, September 2022