The Governors of the South Pacific Central Banks continue to be concerned with the global banks’ de-risking decisions. This was one of the key issues discussed at the 30th South Pacific Central Bank Governors’ annual meeting in Wellington, New Zealand on 2-4 December 2015, which the Governor Dr. Sione Ngongo Kioa, attended.

Official foreign reserves held by the National Reserve Bank of Tonga (NRBT) rose by $3.2 million over November 2015 to $319.0 million, equivalent to 9.2 months of imports. Official foreign reserves rose by $51.1 million over the past year. Read the Official Foreign Reserves for November for more figures and details.

Official foreign reserves held by the National Reserve Bank of Tonga (NRBT) rose by $4.1 million over October 2015 to $315.8 million, equivalent to 9.1 months of imports. Official foreign reserves rose by $44.3 million over the past year. Read the Official Foreign Reserves for October for more figures and details.

The National Reserve Bank of Tonga (NRBT) today released its Monetary Policy Statement for August 2015. This Statement reviews Tonga’s economic growth and the NRBT’s conduct of monetary policy in the six months to August 2015. It also provides the NRBT’s outlook for the next six months.

Developments among Tonga's key trading partners varied yet continued to support domestic activity. The domestic economy slowed down over August in the trade and other sectors but agricultural sector showed great improvements. For more review of the economy and the outlook for the future, read the Monthly Economic Review for August to find out more.

Official foreign reserves held by the National Reserve Bank of Tonga (NRBT) rose by $0.8 million over September 2015 to $311.7 million, equivalent to 8.8 months of imports. Official foreign reserves rose by $40.8 million over the past year. Read the Official Foreign Reserves for September for more figures and details.

The Tongan pa’anga exchange rate is pegged to a basket of currencies comprising of its major trading partners. The Tongan pa’anga is determined by the movements of the currencies in the basket and their weights within the basket. Similar to the currencies of other Pacific island countries, the pa’anga has depreciated against the US Dollar.

Official foreign reserves held by the National Reserve Bank of Tonga (NRBT) rose by $8.3 million over August 2015 to $310.9 million, equivalent to 8.6 months of imports. Official foreign reserves rose by $27.0 million over the past year. Read the Official Foreign Reserves for August for more figures and details.

The NRBT Board of Directors on the 3rd September 2015 approved the NRBT to commit to the Maputo Accord 2015. This Accord supports the development of Small and Medium Enterprises (SME) through access to finance and other benefits from the Alliance for Financial Inclusion (AFI) and other donor partners.

Official foreign reserves held by the National Reserve Bank of Tonga (NRBT) rose by $12.9 million over July 2015, to $302.6 million, equivalent to 8.6 months of imports. Official foreign reserves rose by $22.2 million over the past year. Read the Official Foreign Reserves for July for more figures and details.

Official foreign reserves held by the National Reserve Bank of Tonga (NRBT) rose by $7.9 million over June 2015, to $289.7 million, equivalent to 8.2 months of imports. Official foreign reserves rose by $15.3 million over the past year. Read the Official Foreign Reserves for June for more figures and details.

His Majesty King Tupou VI, launched the Kingdom of Tonga’s new coronation currency series on 29th June 2015 at the Fa’onelua Convention Centre in Nuku’alofa. The new coronation currency consists of a new series of coins to replace the old coins and new banknotes with advanced security features.

The National Reserve Bank of Tonga wishes to inform the public that the license of Melie-Mei-Langi Co. Ltd has been revoked and is no longer authorized to conduct foreign exchange business.

Governor, Dr. Sione Ngongo Kioa announced that the Reserve Bank has completed its review of the Exchange Control Policy Guidelines based on consultations with the Ministry of Revenue & Customs, banks and authorised foreign exchange dealers and other members of the public.

The National Reserve Bank of Tonga, in its capacity as the Transaction Reporting Authority (TRA), is issuing the Revised Anti-Money Laundering/Counter Financing of Terrorism Guideline.

The Governor of the National Reserve Bank of Tonga (NRBT) attended the inaugural launch and first meeting of the Pacific Islands Regional Initiative (PIRI) which was held on 6-8 May 2015 in Dili, Timor-Leste.

The National Reserve Bank of Tonga (NRBT) today released its Monetary Policy Statement for February 2015.

Ko e fanongonongo mei he Pangikē Puleˊ ki he ngaahi falekoloa pea mo kimoutolu e kakai e fonuaˊ ‘a ia ‘oku lahi ho’omou sēniti ‘e 5 ...

The National Reserve Bank of Tonga has been advised that some commercial banks are closing accounts of foreign exchange dealers.

An International Monetary Fund (IMF) mission led by Yasuhisa Ojima visited Nuku’alofa to conduct the 2015 Article IV consultation discussions.

Her Royal Highness Princess Angelika Latufuipeka Tuku'aho will officially launch the production of Tonga’s new circulating coins.

The National Reserve Bank of Tonga wishes to inform the public of newly authorised Foreign Exchange Dealers.

You are here: Home 2015 Releases Press Releases