Solomon Islands increases flexibility of currency
Annual report reveals Central Bank of Solomon Islands exchange rate review
The Central Bank of Solomon Islands reviewed its exchange rate policy last year, electing to let its currency, the Solomon Islands dollar, fluctuate more freely against its currency basket.
The Solomon Islands dollar is pegged against a basket consisting of the Australian dollar, UK sterling, yen, New Zealand dollar and the US dollar.
In the past, it also strived to restrict the movement of the currency against the US dollar on any particular day, but according to the central bank's latest
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