Philippines gross foreign reserves at $112.5 billion at end-January

MANILA — The Philippines’ gross foreign reserves PHFXR=ECI rose to $112.5 billion at the end of January, from the revised $110.8 billion a month earlier, the central bank said on Friday, citing preliminary data. The latest forex reserves represent an external liquidity buffer equivalent to 7.5 months’ worth of imports of goods and payments of services […] The post Philippines gross foreign reserves at $112.5 billion at end-January appeared first on Interaksyon.