20 and 50 pa'anga Counterfeit Notes Received
- Category: Press Release
The National Reserve Bank of Tonga has received five $50 pa'anga and two $20 pa'anga notes of the new design currency (King Tupou VI series) confirmed to be counterfeit notes. The Reserve Bank is concerned that there could be more of such $50 and $20 counterfeit notes in circulation.
Official foreign reserves rose by $41.9 million over the past year.
- Category: Press Release
Official foreign reserves held by the National Reserve Bank of Tonga (NRBT) fell by $6.1 million over the month of November 2016 to $360.9 million, equivalent to 9.1 months of imports. However, official foreign reserves rose by $41.9 million over the past year.
Public Notice Regarding the 1 Pa'anga Coin
- Category: Press Release
The National Reserve Bank of Tonga wishes to inform the general public that the Reserve Bank has not received any report of a 1 Pa’anga counterfeit coin.
Reserve Bank received three counterfeit 50 pa'anga notes
- Category: Press Release
The National Reserve Bank of Tonga has received three $50 paánga notes of the new design currency confirmed to be counterfeit notes. The Reserve Bank is concerned that there could be more of such $50 counterfeit notes in circulation.
Reserve Bank won the Maya Declaration Award
- Category: Press Release
The Alliance for Financial Inclusion’s (AFI) 8th annual Global Policy Forum (GPF), co-hosted by the AFI and the Reserve Bank of Fiji, in Nadi, Fiji on 7th - 9th September 2016 has concluded. This year’s GPF, Building the Pillars of Sustainable Inclusion, was the largest and most diverse forum the AFI Network has ever held.
Reserve Bank recorded a $3.3 million rise in Foreign Reserves
- Category: Press Release
Official foreign reserves held by the National Reserve Bank of Tonga (NRBT) rose by $3.3 million over the month of October 2016 to $367.0 million, equivalent to 9.3 months of imports. Official foreign reserves rose by $51.2 million over the past year.
Foreign Reserves recorded a $1.1m fall in August
- Category: Press Release
Official foreign reserves held by the National Reserve Bank of Tonga (NRBT) fell by $1.1 million over the month of August 2016 to $366.3 million, equivalent to 10.4 months of imports. However, Official foreign reserves rose by $55.4 million over the past year.
Reserve Bank hosts a Micro, Small and Medium Enterprises Workshop
- Category: Press Release
The NRBT hosted the MSMEs Workshop on Friday 4th November 2016 to support the development of Micro, Small and Medium Enterprises (MSMEs) sector through improving their access to finance. This is part of the Maputo Accord 2015 commitment that NRBT committed to at the AFI’s 7th Global Policy Forum on 4th September 2015 in Maputo, Mozambique.
Reserve Bank to attend the 2016 Alliance for Financial Inclusion (AFI) Global Policy Forum
- Category: Press Release
Governor Kioa is leading a delegation from the National Reserve Bank of Tonga (NRBT) to attend the AFI’s 8th annual Global Policy Forum (GPF) in Nadi, Fiji on 7th - 9th September 2016. This forum is co-hosted by the AFI and the Reserve Bank of Fiji.
Foreign Reserves recorded a $2.6m fall in September
- Category: Press Release
Official foreign reserves held by the National Reserve Bank of Tonga (NRBT) fell by $2.6 million over the month of September 2016 to $363.7 million, equivalent to 10.3 months of imports. However, official foreign reserves rose by $52.0 million over the past year.
July recorded a $12.5 million rise in Foreign Reserves
- Category: Press Release
Official foreign reserves held by the National Reserve Bank of Tonga (NRBT) rose by $12.5 million over July 2016 to $367.4 million, equivalent to 10.4 months of imports. Official foreign reserves rose by $64.8 million over the past year.