RBF says no devaluation of Fijian dollar

RBF says no devaluation of Fijian dollar

Fiji Village – Friday 8th March 2019.

Any rumour of a devaluation of the Fijian dollar should be disregarded.

Those are the comments of the Governor of Reserve Bank of Fiji, Ariff Ali as some people are asking the question on whether the dollar will be devalued.

When questioned by Fijivillage, Ali said that our foreign reserves currently stand at just below $2 billion sufficient to cover 4.1 months of imports of goods and services.Read more…