BusinessWorld E-paper
December 09, 2022
THE PHILIPPINES’ dollar reserves dipped as of end-November as the
National Government paid some of its debt obligations and the Bangko
Sentral ng Pilipinas (BSP) continued to defend the peso.
Data released by the BSP on Wednesday evening showed gross international reserves (GIR) stood
at $93.95 billion as of end-November, slipping 0.08% from the $94.03 billion as of end-October.