By Luisa Maria Jacinga C. Jocson, Reporter
The Philippines’s Dollar Reservation is up to $ 106.65 billion as in END-FEBRUARY, according to Bangko Security Ng Pilipinas (BSP).
The first data from the central bank has indicated international archives (Giro) has risened 3.3% monthly from $ 103.27 billion as completed – January.
This was also 4.6% higher than $ 101.99 billion at the same time last year.
The dollars resavas were also very high in three months or from $ 108,49 billion sent in November.
Buffers in other foreign countries protect the country from market turns and ensure that you can pay their debt in the event of the economy.
“Monthly Expansion In Gili Months Indicatives, NG) for foreign currency (NG) of foreign currency with BSP, including continuing from the release of the Republic of the Philippines The world’s girls, says “means a central bank.
In January, the NG lifted $ 3.3 billion from 10 years of sale and the 25-year-old Rides gated by the World Bonds and Euros Euro Sustainability Bond. It was the first International Contribution of the World Bond of Annual.
The BSP data indicated the quality of the dolsters dollars from the end – February is enough to cover approximately 3.8 external debt from the remaining country.
Equal to the importation of 7.5 months of months and payments for services and basic income.
Revenue of dairy areas are also due to repair “highest in the BSP gold catch because of gold prices in international market.
The number of medium-average golden companies increased by 2.5% to $ 12,5 billion in ED-February from $ 11.75 billion last month. Similarly jumped in 16.6% from $ 10,34 billion at the same time in 2024.
Investment in other countries of other countries is $ 89,41 billion as END-February, at the top 3.5% from $ 86.37 billion and 3.4% annual before the year.
In the meantime, Net International Databases increased 3.3% to $ 106.6 billion from $ 103.2 billion as in END-January.
The Net International Reverds refer to the difference between BSP reservation assets (Gir) and temporary debt, including a short external debt, and liabilities and loans from the other countries of other countries (IMF).
BSP resources also include international investment, external exchanges, IMF Rights and specialized drawing rights (SDR).
It ends with IMF dipping at 0.2% to $ 670 Million of FEARK for $ 671.3 million last month. It also refused 10.9% from $ 752,5 million last year.
SDRS – or the Number of the Philippines can tap in the IMF reservation basket – set up more than 0.2% to $ 3.74 billion last month. A year, he went down 1.1% to $ 3.78 billion.
“Gir increase reflects solid outdoor buffers, protected from the economic security due to external shock, Philippine Study Study Study said.
Rizal Commerce Banking Corp. Economist Economist Michael L. Ricafut said Wir increase was due to the recent Global Bonterance Bonderance and continued profit in gold catch.
“Gold management continued to improve, especially showing and coincided with 2.1% of monthly achievement for more prices because of safe car exchange,” he said.
Mr Ricafort also noted an increase in foreign investment between modern prices in February.
The “Heritage crop of the Enstanmark at 10 years has already been planned to 4,3%, between three months,” add.
In the coming months, Mr Ricafort said Wir was supported by continuous growth in areas of sales abroad.
“WW is also expected to stay strong, help Bolster Save. BPO and tourism can produce foreign exchange,” Mr River, Mr. Rivera added.
Oikonononmia Advisory and Research, Inc. The economicist Reinielle Matt M. Ereice Similarly said Wir would be conducted by the Wir for “Sale a feeble transaction, weakness, and trade diversion.”
BSP expects Gir Avered of $ 110 billion this year.
Mr Rivera said the prediction of the preservation of the archived business is available, although this will depend on the FX market intervening.
“The pace of PESTO may lead to increasing import costs, increased americity of an American dollar can put pressure on housing. However, the weak peso has benefits from the dollars, which could remove other hazards,” said Mr. Reara.
“The highest implementation of infrastructure projects and increasing prices may increase the lack, which requires BSP to use arches to confirm PESTO,” Add.
The Peto was closed at P57.206 per dollar on Friday, reinforcing 11.4 centalavos from P57.32 on Thursday. This was the best completion of five months or from P57.205-Dollar closer to Oct. 11, 2024.
“Weak peso can’t hurt you, as it does foreign shipping more than international market. Exercise abroad means a lot of dollars,” said Mr Erece.
“Add to the ongoing trading conflict between major manufacturers, which may be the chance the Philippines is a separate trade partner.”
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