Reserve Bank of Fiji
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The Reserve Bank of Fiji is the central bank of Fiji. The bank has been working since a very long with a mission of bringing highest economic success for the country.
Important objectives of the bank, which has made the bank’s financial pillars stronger, are as follows:
The Reserve Bank of Fiji is the central bank of Fiji. The bank has been working since a very long with a mission of bringing highest economic success for the country.
Important objectives of the bank, which has made the bank’s financial pillars stronger, are as follows:
- Making overall development of the economy
- Acting as an advisor to the Government
- Developing the financial system in the country
- Conducting monetary policy for attaining higher economic growth
- Distributing quality information.
There are four main departments in the bank such as economics, financial markets, financial institutions and currency and corporate services.
The bank’s important functions, powers, and responsibilities are specified in the Reserve Bank of Fiji Act, 1983. On the basis of the acts, the bank functions.
The main responsibilities of the bank are as follows:
- Control of money supply and credit supply
- Control of money supply and credit supply
- Maintenance of exchange rate
- Maintenance of monetary and economic stability
- Promotion of a sound financial system for bringing economic development of the Fijian economy
The Address and Contact details of the bank is as follows:
Reserve Bank of Fiji
Address: Private Mail Bag Suva FIJI Phone No.: ++679-313 611 Fax: ++679-301 688
