The Bangko Sentral ng Pilipinas’ (BSP) foreign-exchange (forex) operations and the government’s foreign currency deposits helped the country’s gross international reserves (GIR) hit a record-high $93.29 billion at end-May.

Preliminary data from the central bank showed on Tuesday that the amount was 2.57 percent and 9.29 percent wider than those posted a month and a year ago, respectively.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details