THE Philippines’ gross international reserves (GIR) rose 1.19 percent to $80.798 billion in April from $954 million a year earlier, reflecting higher net foreign currency deposits of the government and central bank income from investments abroad.
Compared to the previous month, the country’s dollar reserves rose by 0.42 percent or $313 million from $80.458 billion in March, the Bangko Sentral ng Pilipinas (BSP) said on Thursday.
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