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Foreign reserves slump to lowest since 2012

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bsp

The country’s foreign currency reserves fell to their lowest point since the middle of 2012, but still more than enough to cover the economy’s needs for nearly 11 months.

Posted: November 7th, 2014 in Latest Business Stories | Read More »

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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