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Dollar reserves hit $108.8 B in September

The Philippine Star

|

October 08, 2025

The country’s foreign exchange buffer climbed for a second straight month to $108.8 billion as of end-September, driven by higher global gold prices and income from Bangko Sentral ng Pilipinas investments.

- By KEISHA TA-ASAN

Preliminary data from BSP showed that gross international reserves (GIR) rose from $107.1 billion in August, marking the highest level since October 2024, when reserves stood at $111.1 billion.

The central bank said the increase in reserves was “due to higher global gold prices, income from the BSP’s investments abroad and foreign currency deposits by the national government with the BSP.”

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