National Reserve Bank of Tonga

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Our Management Team

Senior Executives

	Dr. Sione Ngongo Kioa Governor \| Email: This email address is being protected from spambots. You need JavaScript enabled to view it. \|

	Ms. Jessie Cocker Deputy Governor \| Email: This email address is being protected from spambots. You need JavaScript enabled to view it. \|

	Mr. Lata Tangimana Assistant Governor - Operations \| Email: This email address is being protected from spambots. You need JavaScript enabled to view it. \|

	Ms. 'Ungatea Lātū Assistant Governor - Policy \| Email: This email address is being protected from spambots. You need JavaScript enabled to view it. \|

Managers

	Mrs. Kasaline Lolohea Senior Manager - Corporate Services \| Email: This email address is being protected from spambots. You need JavaScript enabled to view it. \|

	Mrs. Teisa Tongia Senior Manager - Finance \| Email: This email address is being protected from spambots. You need JavaScript enabled to view it. \|

	Mr. Tēvita Kolokihakaufisi *Senior Manager - Currency* \| Email: This email address is being protected from spambots. You need JavaScript enabled to view it. \|

	Ms. 'Isapela Hūfanga Senior Manager - Settlements \| Email: This email address is being protected from spambots. You need JavaScript enabled to view it. \|

	Mr. Taniela Taumoepeau Senior Manager - Financial Markets \| Email: This email address is being protected from spambots. You need JavaScript enabled to view it. \|

	Mrs. 'Ana Tākai Senior Manager - Financial Institutions \| Email: This email address is being protected from spambots. You need JavaScript enabled to view it. \|

	Ms. Pōlini Jennings Manager - Building & Property \| Email: This email address is being protected from spambots. You need JavaScript enabled to view it. \|

Commercial Banks Average Rates *

26 July 2017

BUY	MID	SELL
0.4746	0.4637	0.4528
		USD/TOP
0.5983	0.5835	0.5688
		AUD/TOP
0.6435	0.6263	0.6091
		NZD/TOP
0.3688	0.3552	0.3417
		GBP/TOP
0.9219	0.9082	0.8945
		FJD/TOP
* indicative
Commercial Banks Average Daily Exchange Rates
Commercial Banks Rates, Fees & Charges Comparison

Foreign Reserves

June 2017:	$407.9 m
(7.4 months of import)

Inflation Rate

May 2017
Headline:	10.0%
- Domestic	7.8%
- Imported	11.8%

Weighted Interest Rate

May 2017
Weighted Lending Rate:	7.83%
Weighted Deposit Rate:	2.15%

OET

May 2017
Overall Balance :	$20.6m (s)
(s) surplus

Yield Curve

GDP

2013/14	2.0%
2014/15	3.7%
2015/16	3.4%
2016/17	3.6% (f)
2017/18	4.7% (f)
(f) forecast

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