Dollar reserves

8 Apr 2025

7:06AM

QUICK LOOK: March dollar reserves dipped to $106B as gov’t repaid debt

The month-on-month decrease was attributed mainly to foreign currency withdrawals by the national government to service external debt and to the BSP’s net foreign exchange operations.

8 Mar 2025

8:58AM

QUICK LOOK: PH dollar reserves snap 4-month decline with $3.4-B gain in Feb

The central bank said this level provides a buffer equivalent to 7.5 months of imports and is 3.8 times the country’s short-term external debt.

7 Oct 2024

4:09PM

Philippines hits record $112B in dollar reserves in September 2024, says central bank

The BSP attributes this rise to several factors, including the proceeds from the national government’s global bond issue, as well as upward valuation adjustments in the central bank’s gold holdings, reflecting higher global gold prices.

20 Sep 2024

10:09AM

BSP income from foreign investments drives Aug dollar flow surplus, boosting PH reserves

The Philippines economy experienced a surplus of dollar flows in August, thanks to income from the central bank’s investments overseas, thus boosting the country’s hard currency reserves further, the Bangko Sentral ng Pilipinas said.

7 Aug 2024

1:53PM

Dollar reserves rose for third month in July, boosted by gold price hike, gov't deposits

The country's international reserves held by the central bank inched higher for the third consecutive month in July, thanks to higher gold prices and an increase in the government’s deposits, the Bangko Sentral ng Pilipinas said on Wednesday.

6 Jul 2024

8:02AM

BSP’s dollar reserves dipped in June amid peso intervention

The central bank’s foreign reserves dipped slightly in June amid a general weakness in the peso — a situation which the regulator said prompted it to sell dollars on the market to prevent sharp fluctuations in the local currency.

8 Jun 2024

8:26AM

PH dollar reserves rose in May on foreign loan inflows

The Philippines' gross international reserves rose to $104.48 billion at the end of May 2024, up from $102.65 billion in April, according to preliminary data from the Bangko Sentral ng Pilipinas.