Latest Breaking News On - Dollar reserves the country 39s gross international gir are expected to continue gettinga boost from structural inflows - Page 1 : comparemela.com

DOLLAR RESERVES. The country's gross international reserves (GIR) are expected to continue getting a boost from structural inflows, such as the remittances from overseas Filipino workers (OFWs), revenues of the business process outsourcing (BPO) sector and tourism receipts. Last January, the country's dollar reserves rose to USD99.72 billion from month-ago's USD96.16 billion but was lower than year-ago's USD107.69 billion. (PNA file photo) MANILA - An economist forecasts continued increase in the country's dollar reserves, which improved to USD99.72 billion last January compared to the previous month's level. Data released by the Bangko Sentral ng Pilipinas (BSP) Tuesday night showed that the January 2023 gross international reserves (GIR) of the country, however, was lower than the USD107.69 billion in the same period in 2022. In a commentary on Wednesday, Rizal Commercial Banking Corporation (RCBC) chief economist Michael Ricafort said the country's dollar

San carlosNegros occidentalMichael ricafortBangko sentralRizal commercial banking corporationDollar reserves the country 39s gross international gir are expected to continue gettinga boost from structural inflowsUch as the remittances from overseas filipino workers ofws Evenues of the business process outsourcing bpo sector and tourism receipts last januaryHe country 39s dollar reserves rose to usd99 72 billion from month ago usd96 16 but was lower than year usd107 69 pna file photo manila an economist forecasts continued increase in theHich improved to usd99 72 billion last january compared the previous month 39s level data released by bangko sentral ng pilipinas bsp tuesday night showed that 2023 gross international reserves gir of countryAs lower than the usd107 69 billion in same period 2022 ina commentary on wednesdayIzal commercial banking corporation rcbc chief economist michael ricafort said the country 39s dollar reserves can geta lift from continued resiliency of inflows overseas filipino workers ofws He revenues of the business process outsourcing bpo sectorForeign investment inflowsForeign tourismNd philippine offshore gaming operators pogo revenues these inflows