Press Release No 34 –
Further Exchange Control Relaxations
Press Release No. : 34/2015
Date : 24 November 2015
The Reserve Bank of Fiji will relax some exchange control measures effective from 1 January 2016.
The Governor of the Reserve Bank, Mr Barry Whiteside, stated that the comfortable outlook on foreign reserves has enabled exchange controls to continue to be supportive of positive market and investor confidence.
Most current payments are delegated to commercial banks and foreign exchange dealers. The new changes include further increases to the delegated limits of certain payments and offshore investment by Fiji residents.
The attached document provides more details of the exchange control changes which will come into effect from 1 January 2016.
For any enquiries, please contact the Exchange Control Unit at the Reserve Bank of Fiji.