Foreign Reserves Statistics for April 2020

Official foreign reserves held by the National Reserve Bank of Tonga (NRBT) rose over the month and year to April 2020 by $17.6 million and $10.9 million respectively to $475.1 million, equivalent to 6.9 months of imports. The increase was mainly due to inflow of budget support, grants and additional funds from donor partners providing assistance for the COVID-19 global pandemic.

OFFICIAL FOREIGN RESERVES
(millions of pa'anga)

  Level Changes
Ration of official foreign reserves to imports (months)
  Month 12 Months

 2018        
Dec 478.5 9.8 56.0 8.4

 2019        
Jan 478.9 0.4 54.8 8.1
Feb 473.5 5.4 25.5 7.9
Mar 465.0 -8.5 17.3 7.8
Apr 464.2 -0.8 18.3 7.5
May 468.3 4.1 26.4 7.5
Jun 484.3 16.0 15.6 7.9
Jul 492.9 8.6 16.4 8.0
Aug 491.8 -1.1 16.8 8.1
Sep 490.8 -1.0 38.6 8.0
Oct 489.3 -1.5 32.0 7.5
Nov 489.5 0.2 20.8 7.4
Dec 487.4 -2.1 8.9 7.4

2020        
Jan 482.9 -4.5 4.0 7.2
Feb 479.8 -3.1 6.3 7.1
Mar 457.5 -22.3 -7.5 6.8
Apr 475.1 17.6 10.9 6.9

Source: National Reserve Bank of Tonga

Official Foreign Reserves Collection

You are here: Home FINANCIAL SYSTEM Financial Markets Foreign Reserves Statistics