GIR - updates

Rappler's latest stories on GIR

ARTICLE FINDER

Philippines' forex buffer hits 3-year low in April

May 07, 2018 - 6:55 PM

This is dragged by outflows arising from payments made by the national government for its maturing foreign obligations as well as the foreign exchange operations of the central bank

PH external debt drops by 1.8% to $72.5 billion in Q2 2017

Sep 17, 2017 - 9:20 PM

The end-June 2017 level is also down by $5.2 billion from the same time last year

PH foreign reserves rise to $81.04B in January

Feb 07, 2017 - 8:15 PM

The Bangko Sentral ng Pilipinas attributes the increase mainly to the higher value of its gold holdings

PH foreign reserves down to $81.05B in December

Jan 08, 2017 - 8:41 PM

December 2016 s level is the lowest seen since January 2016

PH foreign reserves drop to $82.73B in November

Dec 08, 2016 - 10:00 PM

The country s gross international reserves drop to a 9 month low due mainly to the falling price of gold and outflows from foreign exchange operations

PH foreign reserves down to $85.75B in October

Nov 07, 2016 - 9:25 PM

Reserves are down due to debt payments and the lower global price of gold but these can still cover 10 months worth of imports says the Bangko Sentral ng Pilipinas

PH external debt inches up to $77.7 B for H1 2016

Sep 19, 2016 - 5:28 PM

Despite the increase the BSP says the debt stock remains manageable due to substantial international reserves and consistent economic growth

Philippine peso coins and a bank note at a street store in Manila, 10 January 2008.  Jay Directo/AFP/File

PH foreign reserves hit record high of $85.9B in August

Sep 08, 2016 - 4:15 PM

The country s gross international reserves are up by 390 million from their July level due to income from the government s forex operations and income from investments abroad

PH foreign reserves hit two-year high of $83.47B in April

May 06, 2016 - 10:20 PM

Gross international reserves rise by almost 500 million from March on the back of increases in gold and income from the government s investments abroad

PH foreign exchange reserves up in December

Jan 07, 2016 - 7:15 PM

The government s net foreign currency deposits BSP s forex operations and income from investments abroad contribute to the rise in reserves

AMPLE. The end-December gross international reserves level remains ample as it can cover 10.3 months’ worth of imports of goods and payments of services and income, the Bangko Sentral ng Pilipinas says. File photo by Agence France-Presse

Foreign direct investments seen to hit $6.3B in 2016

Dec 22, 2015 - 4:24 PM

BSP also sees FDI inflows rising to 6B this year on the back of the country s sustained economic growth

BULLISH. The bullish business confidence is expected to support the continued entry of foreign direct investments, despite the fact that the global financial environment is expected to remain volatile. File photo

PH foreign exchange reserves down in November

Dec 07, 2015 - 7:00 PM

Following a record high in October gross international reserves decline due to higher foreign debt payments and lower gold prices in the world market

LOWER. BSP Governor Amando Tetangco Jr. says the country’s foreign exchange reserves reached $80.57 billion in end-November or $525 million lower compared to $81.09 billion in October. File photo by Agence France-Presse

PH foreign exchange reserves rise anew in October

Nov 07, 2015 - 1:16 PM

Last month s gross international reserves record is the highest since December 2013 BSP reports

AMPLE RESERVES. The end-October GIR level remains ample as it can cover 10.4 months’ worth of imports of goods and payments of services and income, the central bank says. File photo by Agence France-Presse

PH foreign exchange reserves pick up in September

Oct 07, 2015 - 4:35 PM

The slight uptick is traced to BSP’s foreign exchange operations and its income from investments abroad as well as the national government’s net foreign currency deposits

RESERVES AMPLE. The end-September Gross International Reserves level remains ample as it can cover 10.3 months’ worth of imports of goods and payments of services and income, central bank's Diwa Guinigundo says. File photo

PH foreign exchange reserves slip in July

Aug 08, 2015 - 3:00 PM

The central bank expects the Philippines to end the year with about 81 6 billion in dollar reserves

INCREASE. Money pumped by foreign investors to the country reached $6.2 billion in 2014, a 65.9% increase from 2013’s $6.7 billion, the Bangko Sentral ng Pilipinas  reports Tuesday, March 10, 2015. File photo by Agence France-Presse

PH foreign reserves reach $84B in November

Dec 06, 2013 - 7:50 PM

The foreign reserve level can cover 12 months worth of imports the BSP says

HEALTHY LEVEL. The Philippines has foreign reserves that is equivalent to 9 times the country’s short-term external debt. File photo by AFP

PH foreign reserves reach $83-B in August

Sep 06, 2013 - 4:11 PM

The Philippines forex reserves can cover 12 months worth of imports of fuel and commodities if ever an external shock causes dollar shortages

HEALTHY LEVEL. The Philippines has foreign reserves that can cover up to a year's worth of imports. File photo by AFP

PH forex reserves up 2% at $82.9-B in July

Aug 07, 2013 - 5:30 PM

Growth comes mainly from the steady inflow of investments and foreign funds

New high: PH foreign reserves rise to $85.8-B in January

Feb 07, 2013 - 3:55 PM

The reserves are indicator of the country s ability to pay for imports and debts in foreign currencies

DOLLAR RESERVES. A bank teller shows off dollar bills. Photo from AFP

PH November dollar reserves exceed 2012 target

Dec 07, 2012 - 5:24 PM

The total dollar reserves of the Bangko Sentral ng Pilipinas BSP climbed to US 84 106 billion as of end November surpassing the full 2012 target of 83 billion as remittances loan proceeds gold holdings an income from overseas investments continue to hike

DOLLAR RESERVES. A bank teller shows off dollar bills. Photo from AFP

PH forex reserves post third monthly decline in April

May 07, 2012 - 4:47 PM

Forex reserves are down due to government debt payments