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International Reserves Increase to $107.9 billion at The End of February
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The Central Bank of the Philippines (CBP) reported on 8th that the preliminary figure of gross international reserves (GIR) stood at US$107,980.2 million (about ¥12,488.0 billion) at the end of February 2022. This was an increase of US$291.6 million from the final figure as of the end of January. The breakdown shows that foreign investment was the largest, accounting for 86% of the total, at US$93,107.5 million.