PH dollar reserves rise to 28-month high

Mar 08, 2019 12:18 am

THE Philippines’ gross international reserves (GIR) rose to a 28-month high of $82.896 billion in February, a development the Bangko Sentral ng Pilipinas (BSP) attributed to its foreign exchange operations and investment income plus foreign currency deposits by the government.

2. A man counts dollar bills at a money changer in Manila. PHOTO BY RUSSELL PALMA

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