PH forex reserves fall to $86.4B in January

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Fri, 07 Feb 2020 16:50:11 +0000

FOREIGN debt servicing by the national government dragged the country’s gross international reserves (GIR) to a two-month low of $86.42 billion at the end of January. The figure — the lowest since November 2019’s $86.22 billion — was also 1.61 percent lower than the figure posted the previous month, but was 4.77 percent higher than […]

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