Press Release No 14-
Reserve Bank of Fiji Announces Exchange Control Relaxations
Press Release No. : 14/2018
Date : 02 July 2018
In his National Budget Address on Thursday 28 June, the Honourable Minister for Economy, Mr Aiyaz Sayed-Khaiyum, announced further relaxations of exchange controls. These changes were approved by the Board of the Reserve Bank of Fiji and in line with the positive outlook for growth and foreign reserves.
The changes include new and increased delegations to the commercial banks and foreign exchange dealers. The continued easing of exchange controls is expected to boost current investor optimism in the economy.
The Attachment provides more details of the exchange control changes that will come into effect from 01 August 2018.
For any enquiries, please contact the Exchange Control Unit at the Reserve Bank of Fiji.