2016 Quarterly Economic Reviews

Below you can download the Quarterly Economic Reviews for the year 2016

Attachments:

 File   File size
 QER December 2016  3247 Kb
 QER_September 2016  4875 Kb
QER June 2016  2769 Kb
 QER March 2016  3052 Kb

Exchange Rates

Countries:    Date:18-April-2024

  USD    120.98

  JPY     0.7839

  NZD    71.58

  GBP    150.70

  AUD     77.86

  EUR    129.10

 

 

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%