31 March 2026
1. Central Bank Maintains Accommodative Monetary Policy
On 19 February 2026, the Central Bank of Solomon Islands (CBSI) decided to keep its monetary policy supportive to encourage economic activity. They introduced a policy rate of 1.5% to guide interest rates in the economy. (cbsi.com.sb)
2. First Climate Risk Insurance Payouts Issued
In February 2026, CBSI successfully delivered the country's first climate risk insurance payouts. These payments, triggered by heavy rainfall in January, aim to help vulnerable households recover from climate-related events. (cbsi.com.sb)
3. IMF Forecasts Economic Growth and Inflation
The International Monetary Fund (IMF) estimates that the Solomon Islands economy grew by 3.5% in 2025, driven by agriculture and gold production. They project growth to slow to 2.7% in 2026 and inflation to rise to 4.8% on average. (imf.org)
4. Government Focuses on Policy Implementation
In February 2026, the Solomon Islands Government emphasized improving policy implementation and coordination across government institutions to enhance efficiency and effectiveness. (tavulinews.com.sb)
These developments may influence the Solomon Islands Dollar (SBD) exchange rate in the coming months.
EUR Weekly Market Overview
Updated 28 Jul 2026 • 23:46 GMT
The euro remains under pressure as it holds near its recent lows against the US dollar. Market participants are cautious due to geopolitical tensions in the Middle East, alongside expectations of at least one more rate hike by the US Federal Reserve before the year ends. These developments have heightened inflation concerns, further complicating the euro's recovery. Despite recent economic indicators, the Eurozone faces challenges that could keep the euro subdued in the near term.
- Key watchpoints:
- Potential Federal Reserve rate hike and its impact on the EUR/USD.
- Geopolitical tensions in the Middle East affecting market sentiment.
- Eurozone economic indicators and ECB decisions and their influence on the euro's trajectory.