Reserve Bank of Vanuatu
| Established | 1 January 1981 |
|---|---|
| Ownership | 100% state ownership |
| Governor | Simeon Athy |
| Central bank of | Vanuatu |
| Currency | Vanuatu vatu VUV (ISO 4217) |
| Reserves | 260 million USD |
| Website | www |
The Reserve Bank of Vanuatu is the central bank of Vanuatu (an island country located in the South Pacific Ocean). It was initially known as the Central Bank of Vanuatu after the nation's independence from France and the United Kingdom.
The bank began operations on 1 January 1981 and was initially responsible for currency exchange. It established the Vatu as the national currency to replace the circulation of the New Hebrides franc and Australian dollar. The bank also replaced the role of the Banque Indosuez Vanuatu.
The institution's name was changed to the Reserve Bank of Vanuatu in May 1989 and its responsibility over the national banking industry was expanded.