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1 million rise in Tonga’s foreign reserve in July

Radio & TV Tonga, Nuku’alofa, 22/08/2017

 

The foreign reserves held by the National Reserve Bank of Tonga rose by TOP$1 million pa’anga over the month of July 2017.

 

The total foreign reserves is 408.9 million pa’anga which is equivalent to 7.4 months of imports.

 

The National Reserve Bank of Tonga said that over the past year, the official foreign reserves rose by 41.5 million pa’anga.

 

© Radio and Television Tonga News