The Reserve Bank of Fiji has been praised for its ongoing efforts to support the economy through challenging times, both past and present.
At the launch of the new banknotes yesterday, His Excellency President Ratu Naiqama Lalabalavu noted that the bank’s careful management has helped Fiji not only endure but also set an example for other countries.
“The recent announcement through the Macroeconomic Committee that we will have sustained economic growth until 2028 underscores the Bank’s prudent performance.”
“I am pleased to note that inflation is under control, our financial system is strong, and our foreign reserves are near record high, at $4 billion.”
“The Bank has been efficient in its operations, giving almost $500 million in dividends to the Government, over the past 5 years.”
The President also acknowledged the central bank for inculcating designs unique to Fiji’s history into the new notes.
“In line with this principal purpose the Bank has continued to innovate over the years, to provide currencies that reflect the vibrancy of our nation’s story, including our national heritage, landmark architecture, economic activity, sports achievements and our flora and fauna.”
“I acknowledge the leadership of past and current Governors of the Reserve Bank and their hardworking teams who have driven the currency design reviews.”
“I have been encouraged by the way the Bank has managed our economy after the COVID pandemic to steer it to 4 years of economic growth.”
“What we celebrate today is not just the “ink and the new design”, but that the value of the Fiji dollar printed on paper or polymer, is strong and reflects the strength of our economy.”
The new banknotes will be in circulation from January 02, 2026 and will take one year ending on December 31, 2026, to roll out while the RBF will also recapture the old notes during the same period.
