Philippines' foreign reserves fall to 7-month low

MANILA, Philippines – The Philippines’ foreign reserves fell to a seven-month low in March, as market turbulence linked to the United States-Iran war dragged down the central bank’s overseas investments and reduced the value of its gold holdings. Data released by the Bangko Sentral ng Pilipinas (BSP) showed gross international reserves (GIR) at $107.5 billion […]...Keep on reading: Philippines' foreign reserves fall to 7-month low
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