PH forex reserves slipped for 2nd month in Feb to $102.7B

MANILA — The Philippines’ dollar reserves slipped for the second month in February, driven by outflows from the government’s repayments of its maturing foreign debts. Preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed the country’s gross international reserves (GIR) amounted to $102.7 billion as of February, down by 0.58 percent from the $103.3
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