Gross intl reserves fall to 2-month low in Sept

The country's gross international reserves (GIR) fell to a two-month low of $107.156 billion at the end of September because of the national government's debt servicing and the reduced price of gold, according to the Bangko Sentral ng Pilipinas (BSP).

The total was 0.74-percent smaller than the $107.96 billion recorded at the end of August 2021, but 6.68 percent more than the $100.44 billion reported a year ago, preliminary data released by the central bank on Wednesday showed.