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Reserve Bank Of Fiji
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 Bank is the only institution that is permitted to issue Fijian dollars and put them into circulation. It is also responsible for setting the overnight policy rate, the main policy or bank rate for Fiji. History In 1914 the then colonial Government establishing the Currency Board with the sole right to issue notes and coins in the then Colony of Fiji. After independence from Britain in 1970, a new institution was created in 1973, the ''Central Monetary Authority'' (CMA) which took over the issuing of currency and also took on an expanded remit. The CMA was tasked with regulating the issue of currency and the supply, availability and international exchange of money; promoting monetary stability; pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Suva
Suva () is the capital and largest city of Fiji. It is the home of the country's largest metropolitan area and serves as its major port. The city is located on the southeast coast of the island of Viti Levu, in Rewa Province, Central Division. In 1877, the capital of Fiji was moved to Suva from Levuka, the main European colonial settlement at the time, due to its restrictive geography and environs. The administration of the colony was transferred from Levuka to Suva in 1882. As of the 2017 census, the city of Suva had a population of 93,970, and Suva's metropolitan area, which includes its independent suburbs, had a population of 185,913. The combined urban population of Suva and the towns of Lami, Nasinu, and Nausori that border it was around 330,000: over a third of the nation's population. (This urban complex, excluding Lami, is also known as the Suva-Nausori corridor.) Suva is the political, economic, and cultural centre of Fiji. It is also the economic and cultural ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
