PH forex reserves near $100-B mark
newscatcher
2023-08-08 19:30
PH forex reserves near $100-B mark
A logo of Bangko Sentral ng Pilipinas (Central Bank of the Philippines) is seen at their main building in Manila, Philippines March 23, 2016. REUTERS/Romeo Ranoco MANILA  -The Philippines' gross international reserves (GIR) may have picked up again to reach $99.7 billion at the end of July, thanks mainly to the increase in the value of the Bangko Sentral ng Pilipinas' (BSP) cache of gold amid rising prices. Preliminary data at the BSP show that the GIR is again approaching the $100-billion mark after decreasing to $99.

https://business.inquirer.net/414820/ph-forex-reserves-near-100-b-mark

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