The Central Bank of the Philippines (Bangko Sentral ng Pilipinas, BSP) published preliminary data showing the Philippines’ gross international reserves (GIR) rose to USD 105.3 billion at end-June 2025 from USD 105.2 billion at end-May, mainly due to the national government’s foreign currency deposits with the BSP and income from BSP investments. GIR consist of foreign-denominated securities, foreign exchange, and other assets including gold. The end-June level was equivalent to 7.2 months of imports of goods and payments of services and primary income, and covered about 3.3 times the country’s short-term external debt on a residual-maturity basis. Net international reserves increased by USD 0.3 billion to USD 105.3 billion from USD 105.0 billion at end-May.
Central Bank of the Philippines 2025-07-07
Central Bank of the Philippines reports gross international reserves at USD 105.3 billion at end-June 2025
The Central Bank of the Philippines reported a rise in the country's gross international reserves to USD 105.3 billion at end-June 2025, up from USD 105.2 billion in May, driven by government foreign currency deposits and BSP investment income. The reserves cover 7.2 months of imports and 3.3 times the short-term external debt. Net international reserves also increased by USD 0.3 billion to USD 105.3 billion.