Sunday, October 9, 2011

PHL posts narrower foreign reserves at $301M, says BSP

10/07/2011 | 10:34 PM

Payment of maturing foreign exchange debts and revaluation losses from a dip in the price of gold in the world market were the key factors in the $301 million decline in the country's gross international reserves (GIR) that ended 19 months of expansion, the Bangko Sentral ng Pilipinas (BSP) said Friday.

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Posted by healthy.wealth.philippines at 11:54 PM

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