The country’s gross international reserves (GIR) rose to US$105.9 billion in August 2025, reflecting stronger global gold prices and higher investment income, according to the Bangko Sentral ng Pilipinas (BSP).
Seen as a vital gauge of the country’s economic resilience, the GIR increased from US$105.4 billion in July. The BSP emphasized that the latest level ensures a strong external liquidity buffer, sufficient to cover 7.2 months’ worth of imports and 3.4 times the country’s short-term external debt.
The GIR consists of foreign assets such as gold, foreign exchange, and securities, and serves as a safeguard against external shocks, supporting currency stability and helping meet foreign debt obligations.
Net international reserves also posted a US$500 million uptick in the same period, signaling continued strength in the country’s external position.
