{"id":66484,"date":"2015-12-07T04:50:04","date_gmt":"2015-12-07T09:50:04","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=66484"},"modified":"2015-12-07T04:50:04","modified_gmt":"2015-12-07T09:50:04","slug":"phl-foreign-reserves-reached-usd-80-57b-in-november","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2015\/12\/07\/phl-foreign-reserves-reached-usd-80-57b-in-november\/","title":{"rendered":"PHL foreign reserves reached USD 80.57B in November"},"content":{"rendered":"<p><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/12\/Untitled-design.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-66051\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/12\/Untitled-design.jpg\" alt=\"PCI Placeholder Image\" width=\"1024\" height=\"768\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/12\/Untitled-design.jpg 1024w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/12\/Untitled-design-300x225.jpg 300w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<p>MANILA, (PNA)\u2014The country&#8217;s gross international reserves reached USD 80.57 billion in November this year, a little lower than the previous month&#8217;s USD 81.1 billion but higher than year-ago&#8217;s USD 78.7 billion, data from Bangko Sentral ng Pilipinas (BSP) show.<\/p>\n<p>The decline was traced to the revaluation of the central bank&#8217;s gold holdings in line with the drop of prices of the said precious metal in the international market as well as payments by the government of its maturing foreign debts.<\/p>\n<p>The central bank&#8217;s 2015 GIR assumption is USD 81.6 billion.<\/p>\n<p>BSP Governor Amando Tetangco Jr., in a statement, said the current foreign reserves of the country remained huge as it was enough to cover 10.3 months&#8217; worth of imports of goods and payments of services and income.<\/p>\n<p>It is also equivalent to six times the country&#8217;s short-term external debt based on original maturity and 4.2 times based on residual maturity, which the central bank defines as the &#8220;outstanding external debt with original maturity of one year or less, plus principal payments on medium- and long-term loans of the public and private sectors falling due within the next 12 months.&#8221;<\/p>\n<p>During the same period, the country&#8217;s net international reserves (NIR) amounted to USD 80.56 billion, USD 52 million lower than the previous month&#8217;s USD 81.08 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA, (PNA)\u2014The country&#8217;s gross international reserves reached USD 80.57 billion in November this year, a little lower than the previous &hellip;<\/p>\n","protected":false},"author":33,"featured_media":66051,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,1145,16,95],"tags":[35],"class_list":["post-66484","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","category-headline","category-news","category-news-ph","tag-original","mauthors-joann-santiago","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/66484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=66484"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/66484\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/66051"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=66484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=66484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=66484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}