Tag page - GIR

The central bank reported Friday, (April 16) that gross international reserves (GIR) is 0.32 percent lower at the end of the first quarter (end-March) to $104.820 billion from $105.161 billion in February. Compared to same period in 2020 of $88.861 billion, GIR was up 18 percent or by $15.959...

The Bangko Sentral ng Pilipinas (BSP) has updated its latest balance of payments (BOP) projection higher to a $6.2 billion surplus this year versus its previous $3.3 billion estimate announced last December.  The country’s gross international reserves (GIR) is expected to climb by as much as...

The Philippines’ balance of payments (BOP) surplus surged to an all-time high of $16.02 billion in 2020 on the back of higher reserves due to more net foreign borrowings by the National Government (NG) last year, and weak import demand because of the COVID-19 pandemic which constrained economic...

The Philippines’ gross international reserves (GIR) climbed to record-high $109.797 billion as of end-December 2020, about $22 billion higher from end-2019’s $87.839 billion, based on Bangko Sentral ng Pilipinas (BSP) data. The National Government’s (NG) sale of sovereign bonds to raise...

The central bank  reported  Tuesday   the country’s gross international reserves (GIR) continued its rise to $104.508 billion as of end-November from $103.802 billion in end-October, or up by $706 million. Compared to same time in 2019, the GIR is significantly higher by $18.28 billion from...