Reserve Bank recorded a $3.3 million rise in Foreign Reserves
- Details
- Category: Press Release
- Created: 15 November 2016
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.
OFFICIAL FOREIGN RESERVES
(millions of pa'anga)
| Level | Changes |
Ration of official foreign reserves to imports (months) | ||
| Month | 12 Months | |||
| 2015 | ||||
| May | 281.8 | 9.7 | 15.0 | 8.0 |
| Jun | 289.7 | 7.9 | 15.3 | 8.1 |
| Jul | 302.6 | 12.9 | 22.2 | 8.4 |
| Aug | 310.9 | 8.3 | 27.0 | 8.6 |
| Sep | 311.7 | 0.8 | 40.8 | 8.6 r |
| Oct | 315.8 | 4.1 | 44.3 | 8.8 r |
| Nov | 319.0 | 3.2 | 51.1 | 8.9 r |
| Dec | 327.8 | 8.8 | 34.2 | 8.9 r |
| 2016 | ||||
| Jan | 326.3 | -1.5 | 39.1 | 8.8 r |
| Feb | 328.5 | 2.2 | 47.2 | 8.6 r |
| Mar | 317.3 | -11.2 | 47.1 | 8.2 r |
| Apr | 322.9 | 5.6 | 50.8 | 8.2 r |
| May | 330.7 | 7.8 | 48.9 | 8.4 r |
| Jun | 354.9 | 24.2 | 65.2 | 9.0 r |
| Jul | 367.4 | 12.5 | 64.8 | 9.3 r |
| Aug | 366.3 | -1.1 | 55.4 | 9.2 r |
| Sep | 363.7 | -2.6 | 52.0 | 9.2 r |
| Oct | 367.0 | 3.3 | 51.2 | 9.3 |
| r - Revisions based on latest trade data issues by Tonga Department of Statistics for July and August 2015. | ||||
| Source: National Reserve Bank of Tonga |
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For further details, please contact:
National Reserve Bank of Tonga
Telephone: (676) 24057 | Fax: (676) 24201
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
For media: Press Release in English.
