Central Banks

Central Bank of Seychelles

The Central Bank of Seychelles Act 2004 stipulates that the Central Bank of Seychelles operates as an independent institution to strengthen its position as the institu...

The Central Bank of Seychelles Act 2004 stipulates that the Central Bank of Seychelles operates as an independent institution to strengthen its position as the institution responsible for all financial issues in the country and to promote the development of the financial sector in the new economic environment Further development. The main objectives of the Central Bank of Seychelles are to maintain price stability and promote the sound development of the financial system. The Central Bank of Seychelles also advises the government on banking, monetary and financial matters, especially on the currency impact of proposed fiscal policies or government measures.
The Republic of Seychelles is an archipelago country located in the Indian Ocean in East Africa. The currency used is the Seychelles Rupee (Seychelles Rupee), code SCR.

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