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PH foreign debt fell 1.1% to $61.7B in Sept.

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THE COLLECTIVE debt of Philippine private and government entities to foreign creditors dropped in September from a year ago due to the significant appreciation of the peso against the US dollar.

Posted: December 21st, 2012 in Headlines | Read More »

Foreign reserves hit record high of $84B

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THE COUNTRY’S foreign exchange reserves reached a record high of $84.1 billion in November, according to the Bangko Sentral ng Pilipinas.

Posted: December 8th, 2012 in Headlines | Read More »

Forex reserves hit $76.29B in June

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BSP

The country’s gross international reserves (GIR) surged 11 percent in June to $76.29 billion from $69 billion a year ago, aided partly by the central bank’s income from its portfolio investments and the increase in the price of gold in the world market.

Posted: July 7th, 2012 in Editor's Pick,Headlines | Read More »

Foreign reserves up 11% to $76B in April

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The Philippines’ gross international reserves hit $75.97 billion as of end-April 2012, up by 11 percent from last year, the Bangko Sentral ng Pilipinas said Monday, May 7, 2012. AFP PHOTO

The country’s foreign exchange reserves rose to nearly $76 billion by end-April from a year ago as remittances and inflows remained robust, the Bangko Sentral ng Pilipinas reported Monday.

Posted: May 8th, 2012 in Editor's Pick,Featured Gallery,Headlines,Photos & Videos | Read More »

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