Foreign debt topped $118b as of end-March
The country’s foreign debt climbed 6.8 percent to $118.8 billion as of the first quarter this year from $111.3 billion ...
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Foreign reserves declined to $101.3b as of end-May
The Philippines’ gross international reserves declined to $101.3 billion as of end-May 2023 from $101.8 billion in April as the ...
Read moreForeign debt rose by $4.84b to reach record $111b in 2022
Foreign debt climbed by $4.84 billion to hit a record $111.268 billion as of end-2022 from $106.428 billion a year ...
Read moreGIR declined to $99.3b as of end-February—BSP
The gross international reserves declined to $99.3 billion as of end-February from $100.7 billion in January after the government settled ...
Read moreBSP: Gross international reserves declined to 2-month low of $93.95b in November
The country’s gross international reserves as declined to a two-month low of $93.95 billion as of end-November from $94.03 billion ...
Read moreBalance of payments incurred $5.5-b deficit in 8 months; GIR fell to $97.4b
The country’s balance of payments position yielded a deficit of $572 million in August, a reversal of the $1-billion surplus ...
Read moreAugust gross international reserves fell to two-year low of $99b
The country’s gross international reserves fell to a two-year low of $99.0 billion in August from $99.8 billion in July ...
Read moreForex reserves down to $100.9b in June as BOP deficit hit $1.6b
The country’s balance of payments yielded a deficit of $1.6 billion in June, higher than the $312-million shortfall a year ...
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Non-payment by Russia an event of default, says Moody’s
PARIS, France—Moody’s ratings agency has confirmed that Russia defaulted on its foreign debt for the first time in a century, ...
Read moreForeign debt hits $109.8b on higher infra borrowings
The country’s foreign debt climbed by 3.1 percent or $3.3 billion in the first quarter to $109.8 billion from $106.4 ...
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Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.