Reserve Bank of Fiji

Reserve Bank of Fiji
Reserve Bank of Fiji (tall building on the left) in Suva
Reserve Bank of Fiji (tall building on the left) in Suva
HeadquartersSuva
Established1 January 1984 (commenced operations)
Ownership100% state ownership[1]
GovernorFaizul Ariff Ali[2]
Central bank ofFiji
CurrencyFijian dollar
FJD (ISO 4217)
Reserves820 million USD[1]
Preceded byCentral Monetary Authority of Fiji
Websitewww.rbf.gov.fj

The Reserve Bank of Fiji (RBF; Fijian: Maroroi Baqe ni Viti) is the central bank of the Pacific island country of Fiji. Its responsibilities include the issue of currency, control of the money supply, currency exchange, monetary stability, promotion of sound finances, and fostering economic development.

The Bank is the only institution that is permitted to issue Fijian dollars (FJD) and put them into circulation. It is also responsible for setting the overnight policy rate, the main policy or bank rate for Fiji.

  1. ^ a b Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
  2. ^ "Fiji appoints new Reserve Bank Governor | RNZ News". 12 September 2017.