The country’s gross international reserves (GIR) stood at $80.7 billion at the end of June, up from a revised $80.2 billion in May, and should be enough to cover 11 months’ worth of imports of goods and payments of services, the central bank said on Monday.

Data from the Bangko Sentral ng Pilipinas (BSP) showed that GIR in June increased by $486 million from May but was lower by $497 million compared to the year-earlier figure of $81.3 billion.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details