The Philippines dollar reserves declined at the start of the yearmilyon88, hitting a nine-month low after the central bank continued to defend the peso from too much volatility while the government took out some cash to pay for its foreign borrowing
Chairman of Hong Kong Exchanges Carlson Tong, center left, and Hong Kongs Financial Secretary Paul Chan, center right, strike the gong during a ceremony to mark the first trading day of the Year of Snake at the Hong Kong Exchanges (HKEX) in Hong Kon
The Philippines posted a lower dollar surplus in 2024which also fell short of the central banks forecastdue to outflows from a bloated import bill and lower earnings from services exports. Latest data from the Bangko Sentral ng Pilipinas (BSP) showe