Foreign Reserve increased by $8.1 million [1]
Thursday, November 25, 2004 - 16:30. Updated on Thursday, May 8, 2014 - 15:02.
The official Foreign Reserves held by the National Reserve Bank for October increased by $8.1 million from $79 million to $87.1 million, an amount equivalent to 5.4 months of imports of goods.
A Press statement from the Reserve Bank stated that the increase in the Foreign Reserve came from foreign exchange operations that the National Reserve Bank carried out with commercial banks and with the Government of Tonga.