The National Reserve Bank of Tonga’s board of directors at its meeting on the 15th March 2018 approved to maintain its current monetary policy measures. This is to encourage utilisation of the excess liquidity in the banking system, through further lending, particularly to the growth sectors, in order to support economic growth, and strengthen the monetary policy transmission mechanism.

Official foreign reserves held by the National Reserve Bank of Tonga (NRBT) rose by $23.9 million over the month of February 2018 to $448.0 million, equivalent to 8.1 months of imports. The rise was mainly attributed to receipts of $22.6 million, for the Tropical Cyclone Gita Relief fund. Over the past year, the official foreign reserves rose by $70.3 million.

At its meeting on the 17th January 2018, the National Reserve Bank of Tonga’s Board of Directors approved to release its Monetary Policy Statement (MPS) for August 2017. This Statement reviews Tonga’s economic growth and the Reserve Bank’s conduct of monetary policy in the six months to August 2017 and its outlook.

Na’e tali ‘e he Poate ‘a e kau Talēkita ‘a e Pangikē Pule Fakafonua ‘o Tonga´ hili ‘enau fakataha ‘i he ‘aho 15 ‘o Fepueli 2018, ke kei hokohoko atu ai pē ‘a e ngaahi tu’utu’uni ngāue fakapa’anga lolotonga´ ‘a ia ‘oku hā atu ‘i lalo´. ‘Oku fakataumu’a eni ke ngāue’aki ‘a e hulu ‘i he pa’anga ngāue ‘a e ngaahi pangikē, ‘o fakafou mai ‘i hono tuku atu ‘a e ngaahi nō ki tu’a ke ne faka’ai’ai mo pātoloaki ‘a e tupu faka’ekonōmika ‘a e fonua´.

Na’e tali ‘e he Poate ‘a e kau Talēkita ‘a e Pangikē Pule Fakafonua ‘o Tonga´ hili ‘enau fakataha he ‘aho 17 Sanuali 2018, ke kei hokohoko atu ai pē ‘a e ngaahi tu’utu’uni ngāue fakapa’anga lolotonga´. ‘Oku fakataumu’a eni ke ne faka’ai’ai mo pātoloaki ‘a e ngaahi ngāue faka’ekonōmika ‘a e fonua´.

The National Reserve Bank of Tonga’s board of directors at its meeting on the 15th February 2018 approved to maintain its current monetary policy measures outlined below. This is to encourage utilisation of the excess liquidity in the banking system, through further lending, particularly to the growth sectors, in order to support economic growth, and strengthen the monetary policy transmission mechanism.

The National Reserve Bank of Tonga’s board of directors at its meeting on the 17th January 2018 approved to maintain its current monetary policy measures outlined below. This is to encourage utilisation of the excess liquidity in the banking system, through further lending, particularly to the growth sectors, in order to support economic growth, and strengthen the monetary policy transmission mechanism.

Official foreign reserves held by the National Reserve Bank of Tonga (NRBT) rose by $1.6 million over the month of January 2018 to $424.1 million, equivalent to 7.8 months of imports. Over the past year, the official foreign reserves rose by $43.3 million.

Official foreign reserves held by the National Reserve Bank of Tonga (NRBT) fell by $2.3 million over the month of December 2017 to $422.5 million, equivalent to 7.5 months of imports. Over the past year, the official foreign reserves rose by $43.7 million.

Na’e tali ‘e he Poate ‘a e kau Talēkita ‘a e Pangikē Pule Fakafonua ‘o Tonga΄ ‘i he’enau fakataha na’e fakahoko ‘i he ‘aho 17 ‘o Sanuali 2017, ke tuku atu ‘e he Pangikē Pule Fakafonua ‘a Tonga΄ ‘a e Fakamatala Fokotu’utu’u Ngāue Fakapa’anga ki ‘Aokosi 2017.

The National Reserve Bank of Tonga wishes to inform the general public that the Tonga Ma'ae Tonga Group Ltd has ceased operation and is no longer authorized to conduct foreign exchange business.

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