The Central Bank of Samoa

The Central Bank of Samoa is the nation's reserve bank and, as such, it acts as a banker to the Government and the commercial banks.

The Central Bank undertakes the formulation and implementation of monetary policy and related measures, which include open market operations in Central Bank Securities to influence the level of interest rates and the availability of credit in the financial system.

It is also responsible for the management of the rate at which Samoa's Tala is exchanged with currencies of other countries and, when necessary, administers exchange control measures with regard to monitoring foreign currency transactions.

The Bank in addition, is responsible for the custody and management of Samoa's reserves of international currencies for the payments of goods and services.