# Dollar reserves drop to near 4-year low

> The Philippines’ gross international reserves fell 11.7% year over year to $97.4 billion in October, their lowest level since December 2022. The central bank cited, among other factors, lower gold valuations; reserves also declined from September.

- Date: 2026-11-09 · published 2026-11-09T03:12:36.334Z
- Category: macro · region Philippines · magnitude medium
- Page: https://feedsoft.ai/events/88605-dollar-reserves-drop-to-near-4-year-low
- Commodities: [Philippine Peso (PHP per USD)](https://feedsoft.ai/c/USDPHP.md)

## Why it matters

Declining reserves amid peso weakness may add pressure to the currency, raising the local-currency cost of imported feed ingredients. The report does not identify a direct change in commodity supply or demand.

## Read by commodity

- USDPHP: bullish ▲

## Sources

- business.inquirer.net: https://business.inquirer.net/620082/dollar-reserves-drop-to-near-4-year-low

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.