By Katherine K. Chan, Reporter
The Philippines’ dollar reserves as of end-December exceeded the Bangko Sentral ng Pilipinas’ (BSP) estimate for the year as it reached over $110 billion.
Based on preliminary central bank data, the country’s gross international reserves (GIR) amounted to $110.873 billion at end-December, slipping by 0.34% from the $111.254 billion seen in the previous month.
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