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Philippine economy 2020: How it started vs how it's going

Warren de Guzman and Edson Guido, ABS-CBN News
Updated as of Oct 21 04:51 PM

The year 2020 was supposed to bring in nearly $9 billion in net foreign direct investment inflows, a near 10 percent growth in tourism income, and the steady, ever-so-reliable dollar income stream of overseas Filipino remittances and business process outsourcing. Trade was also seen continuing at a deficit, as the Philippines imported more to feed its growing appetite for infrastructure and foreign goods and services. Read more »

PH reserves could breach $100 billion as gold rises: Bangko Sentral

ABS-CBN News
Posted at Sep 10 09:19 PM

The Bangko Sentral ng Pilipinas said Thursday that the country’s gross international reserves could hit more than $100 billion this year as the price of gold continues to rise.    Read more »

BSP to 'actively trade' gold as precious metal prices soar

ABS-CBN News
Posted at Sep 07 10:58 AM

The Bangko Sentral ng Pilipinas will start trading gold as prices surge due to the "decreasing confidence" in US dollars, Governor Benjamin Diokno said Monday Read more »

Philippines' gross international reserves reach 'all time high' in June

ABS-CBN News
Posted at Jul 15 02:24 PM

The GIR reached $93.32 billion in June, up by $30.5 million from May's $93.29 billion with inflows from the government's foreign currency deposits with the BSP, the central bank said in a statement. Read more »

Gross international reserves up for 6th straight month in April

ABS-CBN News
Updated as of May 07 05:21 PM

The GIR rose to $83.96 billion last month from $83.61 in March, the BSP said, citing preliminary data. Read more »

Gross reserves dip to $76.89 billion in July: BSP data

ABS-CBN News
Posted at Aug 07 11:01 PM

The Philippines' gross international reserves slipped for a seventh straight month, according to preliminary data from the central bank.  Read more »

Gross international reserves dip in February: BSP

ABS-CBN News
Posted at Mar 07 05:13 PM

The Philippines gross international reserves (GIR) fell in February according to preliminary data released by the central bank on Wednesday.  Read more »

Forex reserves at 2-year low in November

Reuters
Posted at Dec 07 04:11 PM

The country's gross international reserves in November were at the lowest level in 2 years, according to data from the Bangko Sentral ng Pilipinas released on Thursday. Read more »