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Foreign reserves climb to highest in 13 months
The Philippine Star
|December 08, 2025
Higher gold holdings push GIR to $111.07 B in November
The country’s dollar reserves rose for a second straight month in November, reaching their highest level in more than a year on the back of stronger gold holdings, preliminary data from the Bangko Sentral ng Pilipinas showed.
The BSP said gross international reserves increased to $111.07 billion as of end-November, from $110.25 billion a month ago. This marked the highest level in 13 months or since the $111.08 billion GIR recorded in October 2024.
GIR is the sum of all foreign exchange flowing into a country. The reserve buffer provides assurance that the country can meet foreign obligations, finance imports and mitigate external shocks.
This story is from the December 08, 2025 edition of The Philippine Star.
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