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The Philippines’ gross international reserves fell by $2.1438 billion in October to $97.3504 billion. A $567.3 million increase in currency and deposits partly offset declines in securities, gold, and other reserve assets.
A reserve decline can add pressure to the peso, potentially raising the local-currency cost of imported feed and agricultural inputs. The increase in deposits cushioned, but did not reverse, the overall decline.
fxnews.aiFXNews Research DeskNov 8, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
