Vanuatu: Technical Assistance Report-Currency Basket Framework and FX Market Operations
Vanuatu: Technical Assistance Report-Currency Basket Framework and FX Market Operations
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Volume/Issue:
Volume 2026
Issue 026
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Banks and Banking , Finance , Economics- Macroeconomics , Money and Monetary Policy , Reserve Bank of Vanuatu , fixed exchange rate regime , currency basket , basket weights , price stability , bilateral exchange rates , trade invoicing data , foreign exchange market development , Currency markets , Currencies , Consumer price indexes , Commercial banks
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Summary
This report provides an overview of the technical assistance delivered by the International Monetary Fund (IMF) to the Reserve Bank of Vanuatu (RBV). The assistance supported the authorities in reviewing the currency basket framework and enhancing the functioning of the foreign exchange (FX) market. Its main objectives were to review and update the basket weights, with a view to achieving price stability, and to assess the FX operation at the RBV.
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