"Leading Fiji to Economic Sucess"

August 29, 2020

A Comparative Analysis of Fijis Lending Rates

A Comparative Analysis of Fiji’s Lending Rates As Fiji and other international economies deal with the impact of COVID-19, the subject of interest rates has become […]
November 11, 2017

Forecasting Economic Growth in Fiji

Introduction The performance of an economy is measured by the growth rate of Real Gross Domestic Product (GDP). Real GDP measures the value of all final […]
September 23, 2017

Fiji’s Forestry Sector – Developments in Recent Years

Forests have long played an integral role in the development of national economies. Approximately 30.0 percent of the world’s land surface is covered by forests; over […]
July 25, 2017

Fiji and International Trade

The ability of a Fijian to purchase a bag of New Zealand grown apples, drive a Japanese made vehicle or use a Chinese manufactured mobile phone […]
June 24, 2017

How do Interest Rates Affect the Economy?

What is interest? Like any other commodity, money has a price. The price of money is known as the interest rate. For a saver, interest is […]
June 3, 2017

Food Inflation

1.0 Introduction Inflation is the rate of increase in the overall level of prices of goods and services in an economy over time. It is generally […]
May 16, 2017

Identifying your Investment Objectives

In this article, we examine the actual process of investing and look at some of the investment objectives. The Importance of Investment Objectives One of the […]
May 9, 2017

Understanding Risks and Returns

In this article, we will highlight the need to understand the concepts of risk and return while investing and how they are interrelated. Some individuals make […]
April 22, 2017

Unconventional Monetary Policy Measures in Fiji

Monetary policy is the process by which the central bank of a country, such as the Reserve Bank of Fiji (RBF), controls and manages the level […]
March 28, 2017

Reasons Why You Tend To Overspend

Creating a budget is the first step towards managing your money wisely but this is a daunting task for many. Sticking to the budget that you […]
March 25, 2017

Determinants of Labour supply

Labour supply refers to the number of workers that are “willing” and able to work in a particular job or industry at a given wage rate. […]
March 21, 2017

How to Teach Your Children to Save Money

Age is just a number when it comes to being financially literate. You can never be too young to learn money management skills and the benefits […]
March 14, 2017

Raising Money Smart Children

“Teaching your children about money management skills is a critical part of their future. If you begin teaching them while they are still young, their behaviour […]
February 28, 2017

11 Tips To Help You Save More Money

Welcome to the Reserve Bank of Fiji’s Public Awareness column. Our article series on ‘Savings’ began last week as we looked at creative ways to teach […]
February 16, 2017

What Is The United Nation’s Human Development Index (Hdi)

Based on the growing view that monetary measures such as Gross Domestic Product per capita are inadequate indicators for measuring human development, the Human Development Report […]
February 14, 2017

Investing in Viti Bonds

In this article, we will highlight key features of the Viti Bond and how people can invest in it. A Viti Bond is one of the […]
January 31, 2017

The Relationship between Bond Prices & Interest Rates

In the previous two articles on Bonds, we talked about Investing in Bonds as an alternate investment instrument and the risks associated with investing in bonds. […]
January 24, 2017

RBF Retail Sales Survey

To assist in its monetary policy decisions, the Reserve Bank of Fiji (RBF) conducts several surveys to gauge the latest performances and prospects of various sectors […]
January 21, 2017

What Is The World Bank’s “Doing Business” Report?

The Doing Business report published by the World Bank was launched in 2002 and measures features of business rules and regulations that affect the establishment and […]
January 12, 2017

What are the Risks of Investing in Bonds?

Last week, we looked at investing in bonds as an investment instrument and touched a bit on the risks associated with such investments. This article takes […]
January 7, 2017

Liquidity in Fiji’s Financial System

 What is Liquidity? When one talks of liquidity, one is usually referring to the ease at which assets can be converted to cash in order to […]
January 3, 2017

Investing In Bonds

Making an investment is more than just putting money in a savings account or purchasing some property. Today, investors have a range of products to choose […]
December 31, 2016

Monetary Policy in Fiji

What is Monetary Policy? Monetary policy is a process by which the central bank of a country, such as the Reserve Bank of Fiji (RBF), controls […]
December 27, 2016

Your Rights and Responsibilities as an Investor

“Knowing your basic rights and responsibilities is an essential part of being an informed investor.” The investments you make today are steps towards your future financial […]
December 24, 2016

Personal Remittances in Fiji

Many individuals and families rely on their wages and salaries as the primary source of income to meet their basic needs. In Fiji and many other […]
December 20, 2016

Watch Your Money during This Festive Season

We are fast approaching that time of the year again, where many people fall into the “overspending” trap. Yes, Christmas is just around the corner and […]
December 10, 2016

The Recent Natural Disasters, Yaqona Prices and Inflation

Building on an earlier newspaper article titled “Inflation in Fiji” (published in the Fiji Sun on 27 February, 2016) this article provides more in-depth analysis on […]
November 26, 2016

RBF’s Commitment to Gender and Women’s Financial Inclusion

Welcome to the Reserve Bank of Fiji’s Public Awareness column. This article continues the series of articles on financial inclusion. Women play an important role in […]
November 22, 2016

Money Creation in Fiji

1.0 Introduction The Reserve Bank of Fiji (RBF) is responsible for printing the country’s currency notes and minting its coins as well as ensuring that there […]
November 15, 2016

Financial Education Teaches Students to Invest For the Future

Welcome to the Reserve Bank of Fiji’s Public Awareness column. This article continues the series of articles on financial education in Fiji and how it contributes […]
November 12, 2016

Financial Education Teaches Children To Save

It’s a simple action. The act of not spending all of the money you have. This small change in behaviour can lead to bigger things like […]
November 8, 2016

Financial Education Teaches Rural Students to Be Resourceful

Welcome to the Reserve Bank of Fiji’s Public Awareness column. This article continues the series of articles on financial education in Fiji and how it contributes […]
November 5, 2016

Who will be there to help, when you’re not?

Sitting in her living room with family portraits of her late husband behind her, Seleima Veisamasama is the picture of a calm and confident woman despite […]
November 1, 2016

Financial Education – A Way Out of Poverty

Welcome to the Reserve Bank of Fiji’s Public Awareness column. This week we continue our series of articles on financial education in Fiji and how it […]
November 1, 2016

Protecting your family early with life insurance

School-teacher Eparama Rauraumala, 29, almost decided to surrender his insurance policy when he ran into financial difficulties – holding on to the policy proved to be […]
October 31, 2016

Cyclone Insurance: Do you have it? Are you protected?

At 33, with a flourishing career as a banker and having just moved into his newly built home in Rakiraki, Vinal Kumar and his young family […]
October 29, 2016

Financial Education Reinforced At Home

When Zaiesha Raniya first started learning about the importance of savings in Year 9, she faced an internal struggle. A self-confessed spendthrift, “spending and buying things […]
October 25, 2016

Planting Seeds of Change

Welcome to the Reserve Bank of Fiji’s Public Awareness column. Over the next few weeks we will cover a series of articles on financial education in […]
October 20, 2016

Financial Education Empowers Girl Students

Welcome to the Reserve Bank of Fiji’s Public Awareness column. Over the next few weeks we will cover a series of articles on financial education in […]
October 15, 2016

Monetary and Fiscal Policy Coordination in Fiji

What is Monetary and Fiscal Policy? Monetary policy and fiscal policy are the most commonly used tools to influence a country’s economic activity. Different authorities usually […]
October 4, 2016

ACS Student’s Entrepreneurial Journey Sparks Change

Welcome to the Reserve Bank of Fiji’s Public Awareness column. Over the next few weeks we will cover a series of articles on financial education in […]
October 1, 2016

RBF Business Expectations Survey

The Reserve Bank of Fiji (RBF) conducts several surveys, such as the Business Expectations Survey (BES), to obtain feedback from businesses on general business conditions and […]
September 20, 2016

Financial Education encourages student entrepreneurs

Welcome to the Reserve Bank of Fiji’s Public Awareness column. Over the next few weeks we will cover a series of articles on financial education in […]
September 17, 2016

Know More About Lodging Complaints Against Financial Institutions

Have you encountered instances where you were dissatisfied with a product or service provided by a financial institution such as a bank, credit institution, insurance company, […]
September 13, 2016

Building Community Resilience through Financial Education

Welcome to the Reserve Bank of Fiji’s Public Awareness column. Over the next few weeks we will cover a series of articles on financial education in […]
September 6, 2016

Building better futures, a cent at a time

Welcome to the Reserve Bank of Fiji’s Public Awareness column. Over the next few weeks we will cover a series of articles on financial education in […]
September 3, 2016

Why Do We Need To Invest?

1. What is the difference between saving & investment? Many people view saving and investing as the same thing. Actually they are not. Saving is that […]
August 30, 2016

Geospatial Mapping for Financial Inclusion

Welcome to the Reserve Bank of Fiji’s Public Awareness column. Over the next few weeks we will cover a series of articles on financial inclusion, as […]
August 23, 2016

A New Financial Inclusion Road Map For Fiji

Welcome to the Reserve Bank of Fiji’s Public Awareness column. In our previous articles we introduced the importance of Financial Inclusion in contributing to economic growth, […]
August 20, 2016

Investment and Economic Growth

Governments, organisations and individuals often make plans to achieve some particular goals in the future. Many do this by setting aside funds or spending on certain […]
August 16, 2016

Financial Inclusion Data Is the Key to Unlocking Better Policy Decisions

Welcome to the Reserve Bank of Fiji’s Public Awareness column. Over the next few weeks a series of articles on financial inclusion will be published. The […]
August 9, 2016

Fiji’s Financial Inclusion Model Sets The Pace

Welcome to the Reserve Bank of Fiji’s Public Awareness column. Over the next few weeks a series of articles on financial inclusion will be published. The […]
August 2, 2016

Reserve Bank of Fiji Wins Financial Inclusion Maya Award

Welcome to the Reserve Bank of Fiji’s Public Awareness column. Over the next few weeks we will cover a series of articles on financial inclusion in […]
July 26, 2016

Fiji hosts Alliance for Financial Inclusion 8th Global Policy Forum

Welcome to the Reserve Bank of Fiji’s Public Awareness column. Over the next few weeks we will cover a series of articles on financial inclusion, as […]
July 23, 2016

Why Are Commodity Prices Important?

Commodities traded on the world market ranges from raw materials to intermediate or semi-processed goods; or simply goods that are used to manufacture other goods. The […]
July 9, 2016

Our Currency Story – The Process of Demonetisation of Currency, Part 3

Demonetisation is the act of stripping a currency note or coin denomination of its legal tender status. This means that once a currency note or coin […]
July 9, 2016

Security Features on Our Banknotes

While counterfeiting is minimal in Fiji we have recently seen a spate of counterfeit notes being used for transactions. In general we have found the counterfeits […]
June 11, 2016

Our Currency Story – Part 2

Currency Design Review Exercise Overview The Reserve Bank of Fiji (RBF) has the sole right in Fiji to issue and redeem currency banknotes and coins under […]
June 8, 2016

International Commodity Price Movements

Similar to prices of crops such as dalo and bananas at our local market, prices of international commodities such as oil, sugar and gold can also […]
May 28, 2016

Our Currency Story – Part 1

Many of us are aware that there was a time when people did not need money and relied on the land and the sea to meet […]
May 14, 2016

The Impact of Exchange Rate Movements on Trade

Many individuals and businesses receive foreign currency from friends and family members or business associates who are living abroad. This foreign currency has to be taken […]
April 23, 2016

Unemployment in Fiji

The working age population of a country can be subdivided into two categories: the employed and the unemployed. This article explains and discusses different types of […]
April 9, 2016

What Are Open Market Operations (OMO)?

As the nation’s central bank, the Reserve Bank of Fiji (RBF) is responsible for formulating and implementing monetary policy to achieve its dual objectives. In an […]
March 24, 2016

The Overnight Policy Rate (OPR)

What is the OPR? The OPR is the key interest rate used by the Reserve Bank of Fiji (RBF) to officially indicate and communicate its monetary […]
March 12, 2016

Why Do We Need Foreign Reserves?

What is Foreign Reserves? Foreign exchange reserves1 are pools of foreign currencies held by central banks to assist the international trade of goods and services. For […]
February 27, 2016

Inflation in Fiji

The Reserve Bank of Fiji (RBF), like many central banks, aims to maintain low and stable inflation – or price stability – as one of its […]
February 13, 2016

What is Gross Domestic Product (GDP)?

Gross Domestic Product or GDP, is a term often heard in the media and used by politicians, academics, economists and others to refer to how well […]
February 18, 2015

The critical role of data in taking financial inclusion to the next level in the Pacific

Central banks around the Pacific region have been at the forefront of driving financial inclusion related policies and initiatives in their respective jurisdictions. Like any other […]
January 31, 2014

Investing In Viti Bonds

1. What is a Viti Bond? A Viti Bond is an alternative option to other investments such as term deposits, shares or units in a trust […]
March 13, 2013

Vakavulici na luveda ena maroroi i lavo

Vola o UNAISI RATUBALAVU Wednesday, March 13, 2013 Update: 11:05AM ENA veivula eratou na vakarautaka tiko na tabana ni Baqe ni Lavo Maroroi (Financial Systems Development& […]
July 31, 2012

Investments You Can Make

Welcome to the Reserve Bank of Fiji Public Awareness column. In our April article, the concept of investing was introduced. This month, we examine some investment […]
May 31, 2012

FIJICLEAR Payment System

Welcome to the Monthly Public Awareness column with the Reserve Bank of Fiji (RBF). This month’s article will introduce you to the FIJICLEAR payment system that […]
March 31, 2012

“Invest in your future, invest in the Capital Markets”

Welcome to the Monthly Public Awareness column with the Reserve Bank of Fiji. This month’s article will give you an understanding of the Capital Markets in […]
February 29, 2012

Mobile Money

Welcome to this Public Awareness article, prepared by the Reserve Bank of Fiji (RBF). An inclusive financial system is one where everyone has the opportunity to […]
November 30, 2011

Financial Complaints Issues

Welcome, to the Public Awareness column provided by the Reserve Bank of Fiji (RBF). This month’s article focuses on recurrent issues identified from complaints received by […]
May 31, 2011

Types of Payment Systems and Instruments

Welcome to the Public Awareness column prepared by the Reserve Bank of Fiji. This month’s article introduces the types of payment mechanisms available in Fiji and […]
March 31, 2011

Micro-insurance: An option for the poor?

Welcome to the Public Awareness column prepared by the Reserve Bank of Fiji. This week’s article introduces some discussions on micro-insurance and the need to develop […]
February 28, 2011

Beware Of Investment Scams

Welcome again to the Public Awareness column provided by the Reserve Bank of Fiji (RBF). This month’s article provides information on investment scams and some key […]
January 31, 2011

Personal Budgeting

Welcome again to the Public Awareness column provided by the Reserve Bank of Fiji (RBF). This month’s article provides you some personal budgeting guidelines and tips […]
December 31, 2010

Exchange Controls in Fiji

Do you know that if you travel overseas, you can only take $500 worth of Fiji currency? It’s true. Do you also know that foreign companies […]
December 31, 2010

FIJICLEAR – Modern Way of Making Payment

Tired of delivering goods or providing services and waiting for more than three days to get your bank payments processed? Do you want to send money […]
December 31, 2010

Complaints Management

Welcome again to the Public Awareness column of the Reserve Bank of Fiji (RBF). This is part of an outreach program creating awareness on what the […]
December 31, 2010

Why do you need to Invest?

Welcome to the Public Awareness column with the Reserve Bank of Fiji. Over the next few months, we will be publishing a series of articles on […]
November 30, 2010

Investment and Economic Growth

Investment, in the economics literature, is largely defined as expenditure on the acquisition of new plant, machinery and equipment. Building of roads, houses, hospitals and bridges […]
November 30, 2010

Watch Your Money during This Festive Season

Welcome again to the Public Awareness column provided by the Reserve Bank of Fiji (RBF). This month’s article provides some tips on how we can all […]
October 31, 2010

The Transmission Of Monetary Policy In Fiji

The conduct of monetary policy in Fiji has always been a topical subject among policymakers in the public and private sectors. While the conduct of monetary […]
October 31, 2010

Borrowing money – Obtaining and managing credit

Welcome again to the Public Awareness column provided by the Reserve Bank of Fiji (RBF). This month’s article focuses on borrowing money and managing that credit. […]
September 30, 2010

Types of Unemployment

The working age population of a country can be subdivided into two categories: the employed and the unemployed. In this article we discuss some of the […]
June 30, 2010

What are Open Market Operations?

Central banks have several instruments that they can use to conduct monetary policy. One of these is interest rate. How does a central bank influence interest […]
June 30, 2010

Why Raising Money Smart Children is a Must

Welcome to the Monthly Public Awareness column with the Reserve Bank of Fiji. This month we focus on teaching our children about managing money from an […]
May 31, 2010

The Impact of Exchange Rate Movements on Trade

Passing by a commercial bank or foreign exchange dealer, you would have noticed exchange rates posted on their windows. Have you ever wondered how these numbers […]
May 31, 2010

FIJICLEAR – Modern Way of Making Payment

Tired of delivering goods or providing services and waiting for more than three days to get your bank payments processed? Do you want to send money […]
May 7, 2010

Export Finance Facility

Objective The export sector contributes significantly to Fiji’s economic growth. While there are some established exports, there are many small and new exporters that may need […]
April 30, 2010

How Do Interest Rates Affect the Economy?

Money, like any other commodity has a price to it. The price of money is the interest rate. If you are a saver, interest is the […]
April 7, 2010

Interest Rates and the Fiji Economy

The subject of interest rates has been a topical issue lately. This article will explain what interest rate is; how it is used by the Reserve […]
March 31, 2010

How Is Inflation Measured in Fiji?

Inflation is the general increase in prices of goods and services in an economy. It indicates the rate of change in prices over some period – […]
March 31, 2010

Complaints Management

Welcome again to the Public Awareness column of the Reserve Bank of Fiji (RBF). This is part of an outreach program creating awareness on what the […]
March 1, 2010

Importance of Non – Bank Financial Institutions in Fiji

A commercial bank is usually the financial institution we deal with most often. People deposit and withdraw money everyday from the banks. However, they are not […]
February 28, 2010

Why Do We Need Foreign Reserves?

We hear a great deal about foreign reserves, but what exactly are they, how do we earn them and why are they necessary? We will attempt […]
February 28, 2010

Microfinance

Welcome to the Monthly Public Awareness column with the Reserve Bank of Fiji. Last month we talked about investing and why you should invest. This month […]
February 28, 2010

Microfinance

Welcome to the Monthly Public Awareness column with the Reserve Bank of Fiji. Last month we talked about investing and why you should invest. This month […]
February 1, 2010

The New Definition of Foreign Reserves

Recently, the Reserve Bank of Fiji announced that foreign reserves would be recorded under a new definition. The Governor of the RBF, Mr Savenaca Narube, said […]
January 31, 2010

Types and Strains of Inflation

Inflation is the general increase in prices of goods and services. As prices go up, the same amount of money buys fewer goods and services. The […]
January 31, 2010

Why do you need to Invest?

Welcome to the Public Awareness column with the Reserve Bank of Fiji. Over the next few months, we will be publishing a series of articles on […]
January 1, 2010

Higher Oil Price and the Economy

Crude oil is refined into various products such as unleaded fuel, gasoline, kerosene and lubrications. These products are the major sources of energy that drives the […]