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Philippines posts $312 million balance of payments deficit in June

ABS-CBN News
Posted at Jul 27 03:24 PM

The Philippines posted a $312 million balance of payments deficit at the end of June, the Bangko Sentral ng Pilipinas said on Tuesday.  Read more »

Philippines' gross reserves slip to $106 billion in June: BSP

ABS-CBN News
Posted at Jul 13 04:14 PM

The Philippines' gross international reserves (GIR) level slightly declined settling at $106.08 billion in June 2021, the Bangko Sentral ng Pilipinas said Tuesday.  Read more »

PH gross reserves dip to $107.25 billion as country posts BOP deficit in May

ABS-CBN News
Updated as of Jun 23 06:06 PM

The Philippines' gross international reserves (GIR) dipped to $107.25 billion at the end of May as the country posted a balance of payments (BOP) deficit last month, the Bangko Sentral ng Pilipinas said on Wednesday.    Read more »

Philippines' gross international reserves level at $106.98 billion in May: BSP

ABS-CBN News
Posted at Jun 11 05:45 PM

The country's gross international reserves (GIR) level slightly declined to $106.98 billion as of end-May compared to April's $107.71 billion, the Bangko Sentral ng Pilipinas said Friday.  Read more »

Philippines posts $2.6 billion BOP surplus in April

ABS-CBN News
Posted at May 26 06:31 PM

The Philippines posted a balance of payments surplus of $2.61 billion in April, higher than the $1.67 billion BOP surplus recorded in the same month last year, the Bangko Sentral ng Pilipinas said Wednesday.  Read more »

Philippines' gross international reserves for March hit $104.82 billion

ABS-CBN News
Posted at Apr 16 05:12 PM

The Philippines' gross international reserves (GIR) slightly fell in March to $104.82 billion compared to the previous month, the Bangko Sentral ng Pilipinas said Friday. Read more »

BSP sees stability in position of peso

Bruce Rodriguez, ABS-CBN News
Posted at Mar 20 05:40 AM

The Philippine peso will be staying at its current levels, based on the projections of the Bangko Sentral ng Pilipinas. Read more »

Bangko Sentral raises forecast for current account surplus

Reuters
Posted at Mar 18 02:30 PM

The Bangko Sentral ng Pilipinas on Thursday revised its current account surplus projection for this year to $9.1 billion, or 2.3 percent of GDP, up from a December forecast of $6.1 billion, or 1.5 percent of GDP.   Read more »

Philippines' gross reserves hit $109 billion

ABS-CBN News
Posted at Mar 11 06:09 PM

The Philippines' gross international reserves rose to $109.08 billion at the end of February, up by $410 million from January levels, the Bangko Sentral ng Pilipinas said on Thursday.    Read more »

Philippines' gross reserves dip to $108 billion: BSP

ABS-CBN News
Posted at Feb 15 07:37 PM

This was lower than the end-December level of $110.12 billion.  Read more »

PH dollar reserves up to $109.8 billion in December: BSP

ABS-CBN News
Posted at Jan 15 03:42 PM

MANILA - The country's gross international reserves (GIR) for the whole year of 2020 rose to $109.8 billion in December, up $4.98 billion from $104.82 billion the month earlier.   Read more »

PH gross international reserves rise to $104.8-B in November

ABS-CBN News
Posted at Dec 28 05:57 PM

The Philippines gross international reserves (GIR) hit a record $104.82 billion in November, the Bangko Sentral ng Pilipinas said on Monday.  Read more »

PH dollar reserves rise to an all-time high in November

ABS-CBN News
Posted at Dec 16 11:09 AM

The country's GIR rose to $104.51 billion, up by $710 million from $103.80 billion in October. Read more »

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 »