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× Strong peso helps shore up Philippine dollar reserves in January

MANILA, Philippines --- The country's dollar reserves rose slightly in January as bullish sentiment on the peso encouraged investors to keep their assets denominated in the local currency during the period.

Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla Jr. said the country's gross international reserves rose to $82.13 billion as of end-January 2019, citing to preliminary data.


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