THE country’s gross international reserves (GIR) hit an all-time high of $86.39 billion in November boosted by the central bank’s foreign exchange operations and investment income, as well as government’s foreign currency deposits.

The figure surpassed the previous all-time high reserves level of $86.13 billion recorded in September 2016 as well as the $83 billion projection of the Bangko Sentral ng Pilipinas (BSP) for this year.

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