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. \|

Chief Managers

	Mr. Tevita Vaha'i Chief Manager Financial Systems \| Email: This email address is being protected from spambots. You need JavaScript enabled to view it. \|

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

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

	Ms. Mele Māngisi Chief Manager Legal & Financial Access \| Email: This email address is being protected from spambots. You need JavaScript enabled to view it. \|

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

	Mr. Teau 'Isitolo Head of Security \| Email: This email address is being protected from spambots. You need JavaScript enabled to view it. \|

Senior Managers

	Mrs. Mefilina Tohi Senior Manager Economics \| Email: This email address is being protected from spambots. You need JavaScript enabled to view it. \|

	Ms. Nanuma Fakatava Senior Manager Financial Markets \| Email: This email address is being protected from spambots. You need JavaScript enabled to view it. \|

	Mrs. Kueni Fifita Senior Manager Banking Supervision \| Email: This email address is being protected from spambots. You need JavaScript enabled to view it. \|

	Mrs. 'Olivina 'Aholelei *Senior Manager Financial Intelligence* \| Email: This email address is being protected from spambots. You need JavaScript enabled to view it. \|

	Mrs. Lupe Ma'u Senior Manager Finance \| Email: This email address is being protected from spambots. You need JavaScript enabled to view it. \|

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

Managers

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

	Ms. Koloisa Tupou *Manager Risk & Compliance* \| Email: This email address is being protected from spambots. You need JavaScript enabled to view it. \|

	Mr. Viliami 'Akau'ola Manager Non-Banking Supervision \| Email: This email address is being protected from spambots. You need JavaScript enabled to view it. \|

	Mr. 'Etuate Fonua Manager Information Technology \| Email: This email address is being protected from spambots. You need JavaScript enabled to view it. \|

Commercial Banks Rates & Fees *

24 February 2020

Best Inward Receipts
AUD	NZD	USD
0.6620 (ANZ\|TDB)	0.6918 (TDB)	0.4411 (ANZ)

Best Outward Payments
AUD	NZD	USD
0.6385 (MBf)	0.6660 (MBf)	0.4216 (TDB)

* indicative
Click here for the Full Commercial Banks Rates, Fees & Charges Comparison

Commercial Banks Average Rates *

24 February 2020

BUY	MID	SELL
0.4421	0.4312	0.4204
		USD/TOP
0.6649	0.6500	0.6352
		AUD/TOP
0.6975	0.6802	0.6629
		NZD/TOP
0.3454	0.3319	0.3184
		GBP/TOP
0.9118	0.8991	0.8864
		FJD/TOP
* indicative
Click here for the Full Commercial Banks Average Daily Exchange Rates

Weighted Interest Rate

December 2019
Weighted Lending Rate:	8.02%
Weighted Deposit Rate:	1.99%

OET

December 2019
Overall Balance :	$2.1 m (d)
(d) deficit

Inflation Rate

January 2020
Headline:	0.6%
- Domestic	-2.9%
- Imported	3.6%

Foreign Reserves

January 2020:	$482.9 m
(7.5 months of import)

Yield Curve

December 2019

GDP

2014/15	3.1% (r)
2015/16	4.8% (r)
2016/17	5.4% (r)
2017/18	0.2% (p)
2018/19	3.4% (f)
2019/20	3.5% (f)
(f) forecast (r) revised
(p) preliminary

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