The Central Bank of the Philippines has welcomed being named “Reserve Manager” for 2026 by Central Banking, which cited the bank’s modernisation of its reserves management approach. Central Banking highlighted upgrades to the strategic asset allocation framework, the deployment of active risk-management techniques, and further diversification of reserves. It also pointed to strengthened internal capacity to invest in new asset classes, updated rules for external fund managers, enhanced gold management, and improved responsible investing guidelines. The Philippines’ gross international reserves were US$112.7 billion at end-February 2026, equivalent to 7.5 months of imports and 4.2 times short-term external debt; Central Banking also awarded the central bank “Currency Manager of the Year” in 2025 for banknote supply measures including the rollout of polymer banknotes.