QBE Insurance (Vanuatu) Limited

QBE Insurance (Vanuatu) Limited

Contact Person: Natasha Leo-Vira, Country Manager
Postal Address:

Tana Russet Plaza, 2nd Floor

P.O.Box 186, Lini Highway

Port Vila,

Vanuatu
Telephone: (678) 22299
Facsimile: (678) 23298
Email: natasha.leo@qbe.com

Website: https://www.qbe.com/pi/about/vanuatu

Exchange Rates

Countries:    Date:25-April-2024

  USD    120.42

  JPY     0.7757

  NZD    71.47

  GBP    150.05

  AUD     78.24

  EUR    128.83

 

 

Key Indicators

INFLATION

June 2023 :   14.4 %

June 2023 (Year Average) :  11.5 %

GDP

Real GDP Growth 2021 :  -1.6%

Source: VBoS

FOREIGN RESERVES

Months of Import: 8.3

 September 2023

LIQUIDITY (SEPTEMPER 2023)

Excess Reserve :  32,195.1 MVT

MONEY & CREDIT (SEPTEMPER 2023)

Money Supply (M2) : 114,120.9 MVT

Net Foreign Assets :  84,713.3 MVT

Domestic Credit  :  52,475.5 MVT

Private Sector Credit :  65,168.8 MVT

Narrow Money (M1) :  88,022.9 MVT

INTEREST RATES (SEPTEMPER 2023)

 RBV Policy Rate :  2.25%

91 Day RBV Notes :  0.35%

Weighted Average Deposit Rate :  0.37%

Weighted Average Lending Rate :  8.83%