# PH dollar reserves further drop to $97.35B

> 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.

- Date: 2026-11-08 · published 2026-11-09T12:12:20.611Z
- Category: report · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/89383-ph-dollar-reserves-further-drop-to-97-35b
- Commodities: [Philippine Peso (PHP per USD)](https://feedsoft.ai/c/USDPHP.md)

## Why it matters

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.

## Read by commodity

- USDPHP: bullish ▲

## Sources

- manilatimes.net: https://www.manilatimes.net/2026/11/09/business/top-business/ph-dollar-reserves-further-drop-to-9735b/2464804

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