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PH reserves rise to $99.7B

THE country's gross international reserves (GIR) rose to $99.7 billion last month from $96.1 billion at the end of December, the Bangko Sentral ng Pilipinas (BSP) reported late on Tuesday.

The 'more than enough external liquidity buffer', the BSP said in a statement, is equivalent to 7.5 months' worth of goods imports and payments of services and primary income.

Bangko Sentral ng Pilipinas’ (BSP)