Philippine GIR Level Increases to $104 Billion
END-NOVEMBER 2020 GIR LEVEL RISES TO US$104.51 BILLION The country’s gross international reserves (GIR) level, based on preliminary data, rose by US$0.71 billion to US$104.51 billion as of end-November 2020 from the end-October 2020 level of US$103.80 billion. The latest GIR level represents an adequate external liquidity buffer, which can help cushion the domestic economy …