THE country's gross international reserves (GIR) fell to $99.3 billion as of end-February as the government tapped its holdings and as gold prices fell, the Bangko Sentral ng Pilipinas (BSP) reported late on Tuesday.
While down some $1.4 billion from January's $100.7 billion, the amount "represents a more than adequate external liquidity buffer equivalent to 7.5 months' worth of imports of goods and payments of services and primary income," the BSP said in a statement.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
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
If you have an active account, log in
here
.