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PH forex reserves drop as dollar strengthens

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The Philippines’ foreign exchange reserves slipped in September as the dollar strengthened, bringing down the value of foreign currency-denominated assets, data from the Bangko Sentral ng Pilipinas (BSP) showed.

Posted: October 8th, 2014 in Headlines | Read More »

Forex reserves rise to $80.78B

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INQUIRER FILE PHOTO

The country’s dollar reserves rose to their highest level since December as financial markets continued to stabilize, giving the economy a more comfortable cushion from external shocks.

Posted: September 6th, 2014 in Headlines,Latest Business Stories | Read More »

Forex reserves rose to $80.7B in June

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Financial markets proved as fickle as ever as short-term investments fled the country in September, not because of a decline in investors’ confidence in the economy, but due to profit-taking by fund managers. AFP FILE PHOTO

The country’s foreign exchange reserves rose for the fourth consecutive month in June to $80.7 billion as foreign money in various forms continued to flow into the country, the central bank reported Monday.

Posted: July 8th, 2014 in Editor's Pick,Headlines | Read More »

Forex reserves eased to $79.6B in April

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INQUIRER.net FILE PHOTO

The country’s foreign exchange reserves were flat at the end of April amid government withdrawals to fund debt payments, which were offset by the entry of loans from multilateral lenders.

Posted: May 8th, 2014 in Editor's Pick,Headlines | Read More »

PH forex reserves slightly dipped in ’13

The country’s foreign exchange reserves slightly dipped in 2013, weighed down by the steep drop in the price of gold in the world market and efforts to temper the peso’s depreciation.

Posted: January 8th, 2014 in Editor's Pick,Headlines | Read More »

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