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PH dollar reserves increase slightly
PTVPhilippines
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10 months ago
PH dollar reserves increase slightly
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00:00
The Philippines dollar reserves reached 106.65 billion U.S. dollars in February,
00:05
the highest in three months. This according to the Banco Central ng Pilipinas or BSP.
00:11
This was a 3.3 percent increase from January and 4.6 higher than last year. The rise came
00:17
from government foreign deposits, higher gold values and earnings from foreign investments.
00:22
Gold reserves hit 12.5 billion U.S. dollars,
00:25
whilst foreign investments reached 89.41 billion U.S. dollars.
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