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Gold lifts PH reserves to 1-yr. high
Manila Bulletin
|October 8, 2025
Driven by record-high gold reserves and the central bank's investment income, the Philippines’ gross international reserves (GIR)—the country’s stock of United States (US) dollars and other foreign currencies—climbed to their highest level in a year, the strongest since October 2024.
The latest preliminary data from the Bangko Sentral ng Pilipinas (BSP) on Tuesday, Oct. 7, showed that the country’s GIR expanded to $108.8 billion at end-September from the recovery level of $107.1 billion in the previous month.
This continued improvement from July was driven by “higher global gold prices, income from [the BSP’s] investments, and foreign currency deposits by the national government (NG) with the BSP,” according to the central bank.
Notably, gold reserves stood at $16.4 billion, continuing their upward momentum and reaching the highest level since 2000.
Cette histoire est tirée de l'édition October 8, 2025 de Manila Bulletin.
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