BusinessWorld E-paper
November 9, 2026
THE PHILIPPINES’ dollar reserves shrank to their lowest level in almost four years at end-October as the peso’s depreciation continued to weigh on the central bank’s foreign exchange (FX) operations.
As of end-October, the country’s gross international reserves (GIR) stood at $97.35 billion, declining 11.7% from $110.249 billion a year ago, preliminary Bangko Sentral ng Pilipinas (BSP) data showed.
