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Lower dollar reserves expected this year

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Economic managers may scale back the outlook for the country’s level of dollar reserves by the end of this year, given recent uncertainties that have resulted in volatile investment flows in the country.

Posted: July 7th, 2014 in Headlines | Read More »

Foreign exchange reserves rose to $79.96B in May ’14

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The country’s foreign exchange reserves slightly rose to $79.957 billion at end-May, preliminary Bangko Sentral ng Pilipinas (BSP) data released on Friday showed.

Posted: June 7th, 2014 in Editor's Pick,Headlines | Read More »

Forex reserves eased to $79.6B in April

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Photo by INQUIRER.net

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 »

Reserves adequate, says BSP

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Monetary authorities still have enough resources to combat volatility in financial markets that could lead to wild swings in the peso’s value, despite the sharp drop last month in the country’s dollar reserves.

Posted: February 9th, 2014 in Headlines | Read More »

PH forex reserves hit 10-month high in Nov

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The country’s dollar reserves shot up to a 10-month high in November, now enough to cover a year’s worth of imports and pay for the economy’s short-term external debt many times over.

Posted: December 6th, 2013 in Headlines | Read More »

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