MANILA, April 5 (Reuters) – The Philippines’ gross
international reserves rose to $100.2 billion at the
end of March, from $98.2 billion recorded a month earlier, the
central bank said on Wednesday, citing preliminary data.
The latest forex reserves represents a more than adequate
external liquidity buffer equivalent to 7.5 months worth of
imports of goods and payments of services and primary income, it
said in a statement.
(Reporting by Neil Jerome Morales; Editing by Martin Petty)
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