Logo

10 日 マニラ

32°C25°C
両替レート
¥10,000=P3,760
$100=P5,770

10 日 マニラ

32°C25°C
両替レート
¥10,000=P3,760
$100=P5,770

End-October GIR level rises to $103.81 billion

2020/11/15 英字

Gross international reserves (GIR) level, based on preliminary data, rose by $3.37 billion to $103.81 billion as of end-October from the end-September level of $100.44 billion, the Bangko Sentral ng Pilipinas said Friday.

At $103.81 billion, the GIR represents a more than adequate external liquidity buffer, which can cushion the domestic economy against external shocks.

This buffer is equivalent to 10.3 months’ worth of imports of goods and payments of services and primary income.

It is also about 9.3 times the country’s short-term external debt based on original maturity and 5.4 times based on residual maturity

The month-on-month increase in the GIR level reflected inflows mainly from the BSP’s foreign exchange operations, National Government’s foreign currency deposits with the BSP, and revaluation gains on the BSP’s gold holdings resulting from the increase in the price of gold in the international market.

These inflows were partly offset, however, by the foreign currency withdrawals made by the National Government to pay its foreign currency debt obligations.

Similarly, the net international reserves (NIR), which refers to the difference between the BSP’s GIR and total short-term liabilities, increased by $3.37 billion to $103.8 billion as of end-October from the end-September 2020 level of $100.43 billion. BSP

おすすめ記事

DPWH records over 400 ghost flood control projects

2025/10/10 英字 無料
無料

PAF, JASDF conduct bilateral airdrop and airlift operations in Tacloban

2025/10/10 英字 無料
無料

40 rushed to Baguio hospital emergency room after La Union quake

2025/10/10 英字 無料
無料

Tropical storm enters PAR, but is expected to remain briefly

2025/10/10 英字 無料
無料

Monetary Board reduces target RRP by 25 basis points

2025/10/10 英字 無料
無料

Five Japanese said to be part of ''JP Dragon breakaway group'' arrested in Bulacan

2025/10/9 英字 無料
無料