Fiji's central bank holds rates at 0.25% as inflation cools slightly
The Reserve Bank of Fiji maintained its overnight policy rate at 0.25 percent on 27 August, citing the need to support economic activity while guarding foreign reserves amid supply-driven inflation.
Headline inflation fell to 5.7 percent in July from 6.1 percent in June, driven mainly by higher fuel and gas prices. The central bank said inflation is expected to remain elevated due to ongoing global fuel and freight costs.
Foreign reserves stood at $3.9 billion, sufficient for 5.5 months of imports. Tourism arrivals reached 105,791 in July, the highest on record for the month and up 6.5 percent year-on-year, while remittances surged 26.3 percent in the first half of 2026.