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Reserve Bank of Fiji

 

Reserve Bank of Fiji Logo

The Reserve Bank of Fiji (RBF) is the central bank of the Pacific island country of Fiji. The responsibilities of the RBF include issue of currency, control of money supply, currency exchange, monetary stability, promotion of sound finances, and fostering economic development. The functions, powers, and responsibilities of the Bank are specified in the Reserve Bank of Fiji Act, 1983. Its head office are in Suva, Fiji.

 
 


The principal purposes of the Reserve Bank as stated in Part ll, Section 4 of the Reserve Bank Act are as follows:-

  To regulate the issue of currency, and the supply, availability and international exchange of money;
  To promote monetary stability;
  To promote a sound financial structure; and

  To foster credit and exchange conditions conducive to the orderly and balanced economic development of the country.

The Reserve Bank has four main departments – economics, financial markets, financial institutions and currency and corporate services with the responsibilities dedicated accordingly. Fijian dollar is the currency of Fiji and it's fairly stable relative to Australian and New Zealand dollars.

Reserve Bank of Fiji HQ Location Map

Reserve Bank of Fiji
HQ Address: Reserve Bank Bldg
Pratt Street
Suva, Fiji
Telephone: +679 331 3611
Facsimile: +679 330 2094
Website: www.reservebank.gov.fj
Currency: Fijian dollar
Banking Hours: Mon - Thu 0900 - 1500
                       Friday 0900 - 1600
 

 

The Reserve Bank accepts that the credibility of its policy and actions is a prerequisite for the attainment of its goals and that such credibility can only be achieved and maintained through independent action, firmness of principle, resoluteness and fixed intent. The Reserve Bank ensures, through the application of modern management practices and technology, that all its activities are conducted effectively and efficiently.
 

 

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