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Home > Foreign reserve increases by $19.8m

Foreign reserve increases by $19.8m [1]

Nuku'alofa, Tonga

Monday, January 28, 2008 - 17:34.  Updated on Wednesday, July 22, 2015 - 10:59.

Tonga's Foreign Reserve in December 2007 increased by $19.8 million, from $94.8 million in November to $114.6 million, an amount equivalent to 5.1 months of imports of goods.

The National Reserve Bank of Tonga reported on January 7 that the Reserve movements resulted "from the foreign exchange operations that the NRBT carries out with the commercial banks and with the Government of Tonga."

Foreign Reserve [2]
NRBT [3]
Economy and Trade [4]

Source URL:https://matangitonga.to/2008/01/28/foreign-reserve-increases-198m

Links
[1] https://matangitonga.to/2008/01/28/foreign-reserve-increases-198m [2] https://matangitonga.to/tag/foreign-reserve?page=1 [3] https://matangitonga.to/tag/nrbt?page=1 [4] https://matangitonga.to/topic/economy-and-trade?page=1