Exchange Control plays a complementary role to monetary policy and financial system supervision, ensuring that the country's foreign exchange reserves are used for legitimate purposes and maintained at a sustainable level.
Exchange Control Regulations 1999
In administering the Exchange Control Regulations 1999, the Central Bank ensures that the country’s foreign exchange reserves are maintained at a sustainable level which is conducive to the country’s financial and economic stability.
The Exchange Control Regulations 1999 authorizes the granting of licenses to foreign exchange dealers to do business in Samoa following stipulated operating procedures set by the Central Bank.
Last updated 03 Nov 2024