Higher imported and domestic prices have driven increasing inflation in Tonga. In the year to August 2021 inflation rose by 7.0%, the National Reserve Bank of Tonga reported. Annually, foreign reserves increased, resulting from more receipts of budget support, project funds, and remittances.
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Results for Tonga foreign reserves
Tuesday 30 November 2021
Thursday 2 August 2018
Tonga’s official foreign reserve continued to grow as the National Reserve Bank of Tonga recorded an increase of $26.8 million for the month of June. The reserves rose to $468.7 million, equivalent to 8.1 months of imports.
Monday 9 November 2015
Tonga has accumulated a Foreign Reserve of $311.7 million pa’anga at the end of September, while its domestic inflation rate was 3.2% for September, according to the latest figures on the National Reserve Bank of Tonga website.