Reserve Bank of Fiji

The Reserve Bank of Fiji (RBF) is the central bank of the Republic of Fiji. It is responsible for the monetary and financial systems of the country, including the issuance and regulation of currency.

The RBF was established in 1959 and is headquartered in Suva. It is responsible for the issuance and regulation of the Fijian dollar, the country’s official currency. The RBF also issues a variety of other financial instruments, such as bonds and banknotes.

The RBF is also responsible for the regulation of the country’s banking system and oversees the activities of all financial institutions operating in Fiji. It also licenses and supervises money services businesses and securities dealers.

The RBF is also involved in the development of new products and technologies to improve the country’s monetary and financial systems. For example, the bank has introduced new anti-counterfeiting technologies such as micro-engraving and holographic images to protect its currency from counterfeiting.

The RBF is also involved in promoting the culture and history of Fiji through its currency designs. Many of the designs on its banknotes feature traditional Fijian symbols and motifs, such as historical figures, landmarks and national parks.

In summary, the Reserve Bank of Fiji (RBF) is the central bank of the Republic of Fiji and responsible for the monetary and financial systems of the country, including the issuance and regulation of the Fijian dollar. The RBF also regulates the banking system and oversees the activities of all financial institutions operating in Fiji.

Content updated 1/25/23

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