‘Just a matter of time’ before BSP reserves top $100B
The Philippines’ foreign exchange reserves will likely top the $100-billion mark soon, according to the chief of the central bank—a situation that will give the country a measure of protection…
Gov’t loans push PH dollar reserves to historic high in May
The Philippines’ dollar reserves hit a historic high in May —at the peak of the COVID-19 lockdown—thanks to inflows from the government’s foreign borrowings, as well as foreign exchange earnings…
BSP’s March dollar reserves up, boosting peso’s strength
MANILA, Philippines — The Philippines’ dollar reserves rose for the second month in a row despite the onset of the coronavirus crisis in March, thanks to the central bank’s foreign…