BusinessWorld E-paper
September 9, 2024
THE PHILIPPINES’ foreign exchange reserves rose to its highest level in over two years, mainly due to the increase in the central bank’s earnings from its foreign investments.
Preliminary data from the Bangko Sentral ng Pilipinas (BSP)showed that gross dollar reserves inched up by 0.18% to $106.92 billion as of end-August from $106.74 billion as of end-July.
