BusinessWorld E-paper
November 08, 2022
THE Philippines’ dollar reserves rose to a two-month high as of end-October and ended eight straight months of decline, thanks to the National Government’s (NG) higher foreign currency deposits with the central bank.
Gross international reserves (GIR) reached $94.1 billion as of end- October, up 1.9% from the $93 billion as of end-September, based on preliminary data fromthe Bangko Sentral ng Pilipinas (BSP).
