Phl GIR eases to $105.7B in July
The decline, from $106 billion to $105.7 billion, also reflected movements in the value of foreign assets, which include foreign-denominated securities, foreign exchange holdings and gold.
The Philippines' gross foreign reserves dipped to $105.7 billion at the end of July 2025, from $106.0 billion during the same period in the previous year as a result of lower world price of gold and the Philippine government’s drawdowns on its foreign currency deposits with the Bangko Sentral ng Pilipinas to service external debt.
Photograph by yummie dingding for DAILY TRIBUNE
