Philippines Foreign Exchange Reserves

Foreign exchange Reserves in Philippines fell slightly to 81.13 USD billion in February of 2017 from 81.37 USD billion in January. The decline was due to outflows arising from the central bank’s foreign exchange operations and the payments made by the government for its maturing forex obligations. For 2017, the reserves are expected to reach 84.70 USD billion, compared to 81.04 USD billion in 2016. Foreign Exchange Reserves in Philippines averaged 14809.14 USD Million from 1960 until 2017, reaching an all time high of 86139.11 USD Million in September of 2016 and a record low of 44.07 USD Million in December of 1961.

Philippines Foreign Exchange Reserves

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In Philippines, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides – Philippines Foreign Exchange Reserves – actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Foreign Exchange Reserves – actual data, historical chart and calendar of releases – was last updated on March of 2017.