Read this in The Manila Times digital edition.
THE country's gross international reserves (GIR) rebounded in May to their highest level so far for the year, the Bangko Sentral ng Pilipinas (BSP) reported late Friday.
At $104.48 billion, GIR has more than recovered from April's $1.42-billion dip to $102.628 billion, which the central bank last month said was due to national government withdrawals that were used to pay for debts and expenditures.
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