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BusinessWorld E-paper

December 9, 2024

THE PHILIPPINES’ gross international reserves (GIR) dipped at the end of November as the government settled some of its foreign currency-denominated debt, data from the Bangko Sentral ng Pilipinas (BSP) showed.

Preliminary data showed dollar reserves slipped by 2.4% to $108.5 billion at the end of November from $111.1 billion at the end of October.

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