THE Philippines’ gross international reserves (GIR) rose by 0.76 percent to $80.858 billion in May from $80.242 billion a year earlier on the back of the central bank’s foreign exchange operations, revaluation adjustments on gold holdings and income from investments abroad.

Month-on-month, the foreign reserves rose by 0.01 percent or $8 million from $80.850 billion in April, the Bangko Sentral ng Pilipinas (BSP) said on Friday.

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