PH FOREIGN RESERVES LUMOBO

FOREIGN RESERVES

LUMAKI ang gross international reserves (GIR) ng bansa sa $85.02 billion hanggang end-May 2019 mula $83.88 billion noong Abril 2019 at $79.202 billion noong May 2018, ayon sa Bangko Sentral ng Pilipinas (BSP).

“At this level, GIR serves as ample external liquidity buffer and is equivalent to 7.5 months’ worth of imports of goods and payments of services and primary income. It is also equivalent to 5.1 times the country’s short-term external debt based on original maturity and 3.6 times based on residual maturity,” pahayag ng BSP.

Sa datos ng central bank, month-on-month, ang foreign reserves ng bansa ay lumobo dahil sa net foreign currency deposits ng national government.

“The BSP’s foreign exchange operations and income from its investments abroad, revaluation gains from the BSP’s gold hold-ings, resulting from the increase in the price of gold in the international market, also contributed to expand the GIR,” anang central bank.

“The increase in reserves was tempered partially by payments made by the National Government to service its foreign exchange obligations.”

Samantala, lumaki rin ang net international reserves o ang diperensiya sa pagitan ng GIR ng BSP at ng total short-term liabilities ng  $1.14 billion sa $85 billion  hanggang end-May 2019 mula sa $83.86 billion noong Abril 2019.

 

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