By Katherine K. Chan, Reporter
The Philippines’ gross international reserves (GIR) fell to its lowest level in over a year as its foreign exchange holdings slumped at end-April, the Bangko Sentral ng Pilipinas (BSP) said.
Preliminary central bank data showed that the country’s GIR level stood at $104.128 billion as of end-April, down 2.35% from the $106.636 billion a month ago.
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