{"id":607,"date":"2019-10-09T10:14:30","date_gmt":"2019-10-09T02:14:30","guid":{"rendered":"https:\/\/scp-ph.com\/blogsite\/?p=607"},"modified":"2019-10-09T10:14:34","modified_gmt":"2019-10-09T02:14:34","slug":"ph-dollar-reserves-seen-hitting-fresh-record-highs-on-remittances","status":"publish","type":"post","link":"https:\/\/scp-ph.com\/blogsite\/?p=607","title":{"rendered":"PH-Dollar reserves seen hitting fresh record highs on remittances"},"content":{"rendered":"\n<figure class=\"wp-block-image is-resized\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/scp-ph.com\/blogsite\/wp-content\/uploads\/2019\/10\/BSP.jpg\" alt=\"\" class=\"wp-image-608\" width=\"585\" height=\"389\"\/><\/figure>\n\n\n\n<p>According to Banko Sentral ng Pilipinas (BSP), &nbsp;REMITTANCES from Overseas Filipino Workers (OFWs)\nwill help beef up the country\u2019s record dollar reserves until the end of the\nyear.<\/p>\n\n\n\n<p>Diokno said the end-September 2019 level gross international\nreserves serves as an ample external liquidity buffer and is equivalent to 7.5\nmonths\u2019 worth to imports of goods and payments of services and primary income.<\/p>\n\n\n\n<p>Net International reserves \u2013 which refers to the difference between the BSP\u2019s dollar reserves and total short-term liabilities, likewise increased by $130 million to $86.15 billion as of end-September 2019 from the end-August 2019 level of $86.02 billion.<\/p>\n\n\n\n<p>Source of Info: <a href=\"https:\/\/business.inquirer.net\/280582\/ph-dollar-reserves-hit-new-record-in-september-highest-in-ph-history\">https:\/\/business.inquirer.net\/280582\/ph-dollar-reserves-hit-new-record-in-september-highest-in-ph-history<\/a><\/p>\n\n\n\n<p>READ RELATED ARTICLES:   <br><a href=\"https:\/\/businessmirror.com.ph\/2019\/10\/09\/dollar-reserves-seen-hitting-fresh-record-highs-on-remittances\/\">https:\/\/businessmirror.com.ph\/2019\/10\/09\/dollar-reserves-seen-hitting-fresh-record-highs-on-remittances\/<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to Banko Sentral ng Pilipinas (BSP), &nbsp;REMITTANCES from Overseas Filipino Workers (OFWs) will help beef up the country\u2019s record dollar reserves until the end of the year. Diokno said &#8230;<\/p>\n","protected":false},"author":7,"featured_media":609,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0},"categories":[5],"tags":[],"_links":{"self":[{"href":"https:\/\/scp-ph.com\/blogsite\/index.php?rest_route=\/wp\/v2\/posts\/607"}],"collection":[{"href":"https:\/\/scp-ph.com\/blogsite\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/scp-ph.com\/blogsite\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/scp-ph.com\/blogsite\/index.php?rest_route=\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/scp-ph.com\/blogsite\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=607"}],"version-history":[{"count":2,"href":"https:\/\/scp-ph.com\/blogsite\/index.php?rest_route=\/wp\/v2\/posts\/607\/revisions"}],"predecessor-version":[{"id":611,"href":"https:\/\/scp-ph.com\/blogsite\/index.php?rest_route=\/wp\/v2\/posts\/607\/revisions\/611"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/scp-ph.com\/blogsite\/index.php?rest_route=\/wp\/v2\/media\/609"}],"wp:attachment":[{"href":"https:\/\/scp-ph.com\/blogsite\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/scp-ph.com\/blogsite\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/scp-ph.com\/blogsite\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}