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The Philippines’ gross international reserves fell to $97.35 billion at the end of October, down from $99.49 billion a month earlier and $110.25 billion a year earlier. The central bank attributed the decline to foreign-exchange operations, lower gold valuations, and government foreign-currency withdrawals for debt servicing and other needs.
Falling reserves can gradually limit the central bank’s capacity to manage peso volatility, though officials and an economist cited in the report said reserves remained adequate. Persistent peso pressure could increase the local cost of dollar-priced feed imports.
manilatimes.netNiña Myka Pauline ArceoNov 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.
