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Results for Foreign Reserve

Monday 6 May 2013
Nuku'alofa, Tonga
The National Reserve Bank of Tonga is running out of ideas on how to encourage commercial banks to lend more money at a time when the Tongan economy is very weak, the Reserve Bank Governor Siosi Mafi said on Friday May 3 when she presented the Monetary Policy Statement for the end of February.
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Thursday 31 May 2012
Nuku'alofa, Tonga
A continue decline of Tonga's foreign currency earnings has stifled the growth of the Tongan economy, the Governor of the National Reserve Bank of Tonga, Mrs Siosi Mafi said this morning, May 31.
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Thursday 17 May 2012
Nuku'alofa, Tonga
Tonga's Foreign Reserve increased by $1.1million to $240.3 million in April, which is equivalent to nine months of imports of goods.
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Monday 28 January 2008
Nuku'alofa, Tonga
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.
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Thursday 1 June 2000

Nuku‘alofa, Tonga
While Tongans are being told that their economy is growing at a record pace, at the same time they are faced with the hard reality of the declining value of their currency and the erosion of the foreign reserve. From Matangi Tonga Magazine Vol. 15, no. 2, June 2000.
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