THE country's gross international reserves (GIR) fell for a third straight month to $106.84 billion in December, partly due to the Bangko Sentral ng Pilipinas (BSP) intervening in the foreign exchange market to stabilize the peso.
GIR dropped from $108.49 billion a month earlier and was nearly $6 billion lower than the 2024 peak of $112.71 billion seen in September.
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