BSP revises July reserves data

Posted at 08/20/2009 11:22 AM | Updated as of 08/20/2009 11:22 AM

MANILA - Philippines gross international reserves at the end of July totalled a record $40.169 billion, revised Bangko Sentral ng Pilipinas (BSP) figures showed on Thursday.

The figure compared with $39.99 billion reported previously.

The BSP expects gross international reserves to rise to as much as $38.5 billion in 2009 from $37.55 billion in 2008.


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