THE country’s gross internal reserves (GIR) increase to a record $85.49 billion in July, helped by higher inflows from central bank’s foreign exchange operations and its income abroad, higher prices of gold and net foreign currency deposits by the national government.
Data from the Bangko Sentral ng Pilipinas (BSP) released Friday indicated that GIR rose 2.65 percent from $85.28 billion in June.
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