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Forex reserves climb to $99.7 billion in January

The countryโ€™s foreign exchange buffer climbed for the fourth straight month, hitting a six-month high of $99.72 billion in January from $96.15 billion in December amid strong inflows arising from foreign borrowings by the national government, as well as the increase in gold prices in the world market, according to the Bangko Sentral ng Pilipinas.
San Carlos Negros Occidental Michael Ricafort Bangko Sentral Felipe Medalla Rizal Commercial Banking Corp

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