Foreign Reserves increased by $26.8 million over June
- Details
- Category: Press Release
- Created: 12 July 2018
Official foreign reserves held by the National Reserve Bank of Tonga (NRBT) increased by $26.8 million over the month of June 2018 to $468.7 million, equivalent to 8.1 months of imports. Over the past year, the official foreign reserves rose by $60.8 million.
OFFICIAL FOREIGN RESERVES
(millions of pa'anga)
Level | Changes |
Ration of official foreign reserves to imports i (months) | ||
Month | 12 Months | |||
2017 | ||||
Feb | 377.7 | -3.1 | 49.2 | 6.9 |
Mar | 366.0 | -11.7 | 48.7 | 6.7 |
Apr | 371.7 | 5.7 | 48.8 | 6.7 |
May | 392.3 | 20.6 | 61.6 | 7.1 |
Jun | 407.9 | 15.6 | 53.0 | 7.5 |
Jul | 408.9 | 1.0 | 41.5 | 7.6 |
Aug | 405.0 | -3.9 | 38.7 | 7.5 |
Sep | 403.0 | -2.0 | 39.3 | 7.4 |
Oct | 413.6 | 10.6 | 46.6 | 7.6 |
Nov | 424.8 | 11.2 | 63.9 | 7.8 |
Dec | 422.5 | -2.3 | 43.7 | 7.7 |
2018 | ||||
Jan | 424.1 | 1.6 | 43.3 | 7.6 |
Feb | 448.0 | 23.9 | 70.3 | 8.1 |
Mar | 447.7 | -0.3 | 81.7 | 8.1 |
Apr | 445.9 | -1.8 | 74.2 | 7.9 |
May | 441.9 | -4.0 | 49.6 | 7.8 |
Jun | 468.7 | 26.8 | 60.8 | 8.1 |
Source: National Reserve Bank of Tonga |
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i - Method of calculation changed in February 2017 to include imports of both goods and services (previous method used imports of goods only). |
Enquiries
National Reserve Bank of Tonga
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NUKU'ALOFA
Telephone: (676) 24057
Fax: (676) 24201
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Resources
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