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Foreign Reserves equivalent of 6.8 months of imports [1]

Nuku'alofa, Tonga

Thursday, January 14, 2010 - 14:55.  Updated on Sunday, May 25, 2014 - 15:35.

Tonga's official foreign reserves for December 2009 reached $160.4 million, which was half a million pa'anga more than the November figure of $159.9 million.

The National Reserve Bank of Tonga stated that the December 2009 figure was also $36.5 million more than the $123.9 million figure for December 2008, and it reflected an increase in remittances during the month of December.

The $160.4 million figure is the equivalent of 6.8 months of imports of goods for Tonga.

Economy and Trade [2]

Source URL:https://matangitonga.to/2010/01/14/foreign-reserves-equivalent-68-months-imports

Links
[1] https://matangitonga.to/2010/01/14/foreign-reserves-equivalent-68-months-imports [2] https://matangitonga.to/topic/economy-and-trade?page=1