MANILA — The Philippines’ gross international reserves (GIR) settled at 112.43 billion U.S. dollars at the end of October from 112.71 billion dollars at the end of September, the Philippine central bank said Thursday.
The Bangko Sentral ng Pilipinas (BSP) said the latest GIR level represents a more than adequate external liquidity buffer equivalent to 8.1 months’ worth of imports of goods and payments of servic
