Fakafetongi Pa’anga Muli Ta’efakalao
- Category: Press Releases
‘Oku fakatokanga atu heni ki he kakai ‘o e fonua΄, ko e hia ‘a hono fakahoko ‘o e fakafetongi pa’anga muli ka ‘oku te’eki ai ma’u ha laiseni, pea ke ta’ofi leva ‘a e ngaue ta’efakalao ni ‘i he vave taha΄ pea fakahū mai ha’o tohi kole ki he Pangike Pule ke ma’u atu ha’o laiseni.
Monetary Policy Decision
- Category: Press Releases
The Governor of the Reserve Bank, Sione Ngongo Kioa, announced that the Board noted that the overall domestic economic activities, which were generally favourable, continued to support the Reserve Bank’s expectation of stronger growth for 2016/17. ...
Monetary Policy Decision
- Category: Press Releases
The Governor, Mr. Sione Ngongo Kioa, announced that in light of the strong economic fundamentals and the positive outlook, the Reserve Bank Board approved changes to three of its policy measures to reflect the current economic fundamentals ...
Foreign Reserves rose by $2.0 million over January
- Category: Press Releases
Official foreign reserves held by the National Reserve Bank of Tonga (NRBT) rose by $2.0 million over the month of January 2017 to $380.8 million, equivalent to 9.8 months of imports. Over the past year, the official foreign reserves rose by $54.5 million.
Foreign Reserves rose by $17.9 million in December
- Category: Press Releases
Official foreign reserves held by the National Reserve Bank of Tonga (NRBT) rose by $17.9 million over the month of December 2016 to $378.8 million, equivalent to 9.8 months of imports. Official foreign reserves rose by $51 million over the past year.
Reserve Bank Eases Exchange Control Requirements
- Category: Press Releases
The Reserve Bank has eased its Exchange Control requirements as reflected in the revised Exchange Control Policy Guidelines which the Reserve Bank’s Board of Directors at its meeting on 2nd February 2017 has approved to be effective immediately.