Philippines’ dollar reserves fall to 7&month low in March

Philippines’ dollar reserves fall to 7&month low in March
By Katherine K. Chan, Reporter The Philippines’ dollar reserves fell to a seven-month low at end-March as its gold holdings and foreign investments declined, preliminary Bangko Sentral ng Pilipinas (BSP) data showed. As of end-March, the country’s gross international reserves (GIR) stood at $107.512 billion, declining by 5.08% from the record-high $113.264 billion posted a […]