International Reserves in Philippines

Philippines International Reserves | Economic News & Forecasts

Philippines - International Reserves

The economy likely ended 2018 on a strong note, with Q4’s average PMI print posting the strongest quarterly result of the year and cash remittances sustaining solid growth in October and November. Nevertheless, the trade deficit remained elevated near a record high in November, as exports contracted on a drop in electronic parts shipments. Momentum will likely be broadly stable in Q1, despite tighter monetary conditions, as falling inflation supports household spending. On the political front, a government impasse over the 2019 general budget that caused lawmakers to miss the deadline to pass it could weigh on growth in the quarter, as the stalemate has put infrastructure projects and a government employee pay hike on hold. Moreover, a ban on infrastructure projects ahead of elections in May will also likely dampen government spending in H1.

Philippines - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (USD)83.2  79.5  80.7  80.7  81.6  

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Philippines International Reserves Chart


Philippines International Reserves
Note: International reserves in months of imports.
Source: Central Bank of the Philippines and Met the why particular calculations.

Philippines Facts

ValueChangeDate
Bond Yield6.49-4.11 %Jan 30
Exchange Rate52.160.02 %Jan 30
Stock Market7,9800.66 %Jan 30

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