PHL dollar reserves slip to $103 billion at end-January

THE PHILIPPINES’ dollar reserves dipped in January, according to preliminary data by the Bangko Sentral ng Pilipinas (BSP). Data from the central bank showed gross international reserves (GIR) declined by 3% to $103.02 billion at the end of January from $106.26 billion at the end of December 2024. Year on year, dollar reserves inched down