Fiji Village – Wednesday 9th October 2019.
The Reserve Bank of Fiji states that the banking system liquidity increased in August by 21.9 percent to $617.7 million, on account of an increase in foreign reserves which more-than-offset the increase in currency in circulation deposits and statutory reserve.
The RBF states that as at 27th September, liquidity stood at $628.2 million.
It also says that over the month in August, the Fijian dollar strengthened against the Australian and NZ dollars but weakened against the Yen, US dollar and the Euro. Annually, the FJD appreciated against the AUD, Euro and the NZD but was lower against the Yen and the USD. Read more…