Dollar reserves rises to 107b in February.

By Louisa Maria Jayasinthi c. Joshen, Reporter

Philippines dollar reserves rose to $ 56.65 billion. The last February of February was up to February. Of the Philippines (BSP).

The primary data from the Central Bank has risen in the overall international reserve (gir).

The same period was a year ago, it was 4.6 per cent higher than $ 101.99 billion.

Dollar’s reserves ransom in three months or $ 108.49 billion in November.

A lot of foreign exchange buffers ensures the country from the Mambolulam and the economic downturn ensures that the economic downturn is capable of paying.

In the Bir Level, the rise in Bir Level reflected the National Government (NG) to the BSP, which reflects total foreign currency deposits with BSP in issue of Philippines Global Bonds, “The Central Bank said.

In January, the NG has raised $ 3.3 billion, seven years of permanent standard bondandes in January. This was the first global bond offered by the NG.

BSP data showed the BSP data from the short term outward debt of the last maturity based on the last maturity.

This is 7.5 months expensive for the goods and payment of services and preliminary income.

The BSP’s gold owned “is the highest validation arrangements due to gold prices in the international market. BSP’s investment focus.

Central Bank’s gold holdings rose 2.5 per cent to $ 12.5 billion. The company had posted a net profit of $ 16.6 per cent from $ 10.34 billion in the same period in 2024.

Foreign investment was $ 89.41 billion.

Meanwhile, the total international reserve rose 3.3 per cent to $ 106.6 billion.

The net international reserves (Gir), Reserve liabilities are referred to the difference between the difference between the difference and reserve liability (IMF).

BSP’s reserve assets include foreign investments, foreign exchange, IMF and special drawing rights (SDR).

Reserves fell by 0.2 per cent to 670.2 million with EMF. One month ago from 671.3 million. It fell 10.9 per cent from 752.5 million a year ago.

The SDRS – or the Philippines has reached $ 3.74 billion from $ 3.74 billion from $ 3.74 billion last month last month. The year declined by 1.1 per cent to $ 3.78 billion.

“The increase in the series reflects strong external buffers, which is crucial to protect the economy against external shock,” Divitial Institute for Development Studies Senior Research Fellow or John Pao. Rivera said.

Rizal commerce banking Corporation Chief Economic Michael L.

“The gold price reflects and mainly reflects the new recent gold, such as gold,” he said, “he said.

The increase in foreign investment in February has also increased the increase in foreign investment.

“Benchmark 10 years of US Treasury Yield has already declined to 4.3% and the lowest in three months.

In the coming months, Foreign Filipino Workers, Business Processing (BPO) can support the growth of the growth, exports and redemption in foreign tourism income.

“Payment is expected to be available to collect Bolster reserves. BPO and tourism can create foreign exchange income for tourism,” Rivera added.

Okonia Advisory, Research, Research, Research, Research and Inc.

BSP expect $ 90 billion this year.

The FX market depends on the BSP’s interaction.

“A degrade peo will cause higher importing expenses, which will increase the demand for US dollars.

The BSP requires the BSP to require the BSP to require the BSP to require the BSP to require the BSP to require the BSP for infrastructure projects and infrastructure.

P57.32 strengthens 11.4 Centros of Finish and expressed 11.4 centros. In about five months, it was the best finish or its p57.20.204 to the dollar 2024 October 11.

“This is not harmful to weak Peso because it is more competitive in international markets. High exports mean more dollars,” said Mr. Earze.

Be the existing trade conflict among the larger manufacturers, this is an opportunity for the Philippines to be an alternative to other countries. “

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