Friday, May 1, 2026
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Tag: foreign debts

Gross international reserves declined to $99.8b in June

The Philippines’ gross international reserves as of end-June declined to a four-month low of $99.8 billion from the end-May level of $100.6 billion as...

PH incurred $7.9-b BOP deficit in 11 months; GIR rose to $95.1b

The country’s balance of payments position yielded a deficit of $756 million in November, wider than the $123-million shortfall a year ago after the...

Russia default has a ‘limited’ global impact —IMF official

WASHINGTON, United States—The consequences for the global financial system if Russia cannot pay its foreign debts are likely to be “limited,” a senior official...
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