108 articles tagged "rbf"
The Fijian economy continues to strengthen, attributable to the positive stimulus generated by the ongoing robust recovery of the tourism industry. The Reserve Bank of Fiji Board says in the year to August, visito
Higher food and fuel prices have pushed the annual headline inflation rate in Fiji for August to 5.9 percent, and imported inflation surged to 15.4 percent. The Reserve Bank of Fiji Board says Fiji’s current inf
The Reserve Bank of Fiji says cumulative to July, inward remittances increased by 22.3 percent to $574.3 million, driven by high growth in mobile money inflows. The RBF says due to the high demand for Fijian worker
Inflationary pressures continue to be influenced by imported inflation which stood at 12.3 percent relative to domestic inflation which stood at 3.6 percent in August according to the Reserve Bank of Fiji. The head
The Reserve Bank of Fiji confirms that they intend to phase out the use of cheques, and that is to slowly reduce and then stop the use of cheques in the country. RBF Governor, Ariff Ali says this process will start
The Reserve Bank of Fiji says the newly-announced $0.88 numismatic banknote is among the hundreds of non-circulation numismatic currency that the RBF has produced since 1974. It says considering recent misinformati
The March quarter construction activity indicators for Fiji point towards a rebound in activity as the number of building permits, completion certificates issued and value of work put-in-place increased both over the qu
The Reserve Bank of Fiji says in contrast to the global economy, the rebound in tourism is supporting the current domestic economic recovery. It says cumulative to June, tourist arrivals totalled 205,529; represen
Fiji’s inflation dynamics continue to be influenced by higher imported inflation of 10.7 percent relative to a domestic inflation rate of 3.7 percent according to the Reserve Bank of Fiji’s July Economic Review.
The war in Ukraine continues to subvert major commodity markets, supply chains and trading partner economies, causing imported inflation to surge to 10 percent while domestic inflation stood at 3.4 percent according to
The feedback from the tourism industry reveals that hotel occupancy rates and revenue per available room are increasing rapidly, with some hotels performing better than the comparable period in 2019. The Reserve B
The Fijian economy is now expected to grow by 12.4 percent this year, up from the 11.3 percent growth envisaged earlier. The Reserve Bank of Fiji Governor and Chairman of the Macroeconomic Committee, Ariff Ali says
Moving forward, visitor arrivals are expected to increase further in the peak tourism season while recruitment intentions were better, as advertisements for new jobs rose to 3,984 jobs, mainly driven by the tourism-rela
Food prices rose by 6.9 percent in April and annual headline inflation rose to 4.7 percent for the month. According to the latest Economic Review by the Reserve Bank of Fiji, higher imported food and energy prices
The rising prices of fuel and food is continuing to push the inflation rates up. The annual headline inflation was 4.7 percent in April on the back of rising food and fuel prices in the country, which is a vastly d
FRIEND Fiji Founder and CEO, Sashi Kiran says there has been a steady increase in requests for assistance for food and stationery for children largely from families in the Western Division. Kiran says a lot of peop
The Governor of the Reserve Bank of Fiji and Chairman of the RBF Board, Ariff Ali says the recent measures announced in the revised 2021-2022 National Budget are expected to cushion some of the inflationary pressures an
The Reserve Bank of Fiji Governor and Chairman of the RBF Board, Ariff Ali says the domestic economy is on its path to recovery after two years of contractions led largely by the tourism industry. Ali says the rece
The Reserve Bank of Fiji says as at December 2021, commercial banks have set aside $185.9 million as provisions for loans that have been identified as having some elements of not meeting the terms and conditions for wh
The Reserve Bank of Fiji in partnership with the Fiji Rugby Union and the Marist Rugby 7s will unveil a commemorative currency during the Fiji Bitter Marist 7s this Saturday at the ANZ Stadium. The currency will be
