Lower gold prices and debt payments by the national government pulled the Philippines’ gross international reserves (GIR) slightly lower in May, the Bangko Sentral ng Pilipinas (BSP) said on Tuesday.

Data from the central bank indicated GIR declined 0.28 percent in May to $83.51 billion from $83.73 billion in April.

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