Philippines foreign exchange reserves

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Philippines foreign exchange reserves: 112430 (0.38%)
Last Update: October 31, 2024

Philippines foreign exchange reserves closed down 112430 as of October 31, 2024 from 112000 from the previous month and 101035.16 from last year.


Philippines foreign exchange reserves Analytics & Data




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Philippines foreign exchange reserves

Date Values
2024-10-31 112430
2024-09-30 112000
2024-08-31 107900
2024-07-31 105650
2024-06-30 105188.9
2024-05-31 105015.6
2024-04-30 102647.8
2024-03-31 104067.5
2024-02-29 101994.5
2024-01-31 103269.9
2023-12-31 103753.23
2023-11-30 102720.14
2023-10-31 101035.16
2023-09-30 98115.97
2023-08-31 99567.91
2023-07-31 99951.45
2023-06-30 99386.74
2023-05-31 100588.62
2023-04-30 101760.64
2023-03-31 101548.28
2023-02-28 98216.14
2023-01-31 100665.5
2022-12-31 96149.17
2022-11-30 93954.02

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Philippines foreign exchange reserves Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
foreign exchange reserves ph.fxreserves 112430.0 112000 0 11 UP UP 76 2024-10-31

Philippines foreign exchange reserves Quantitative Analysis, Charts & Factors

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Philippines foreign exchange reserves Historical Data

The MacroVar database offers free access to historical data for the Philippines foreign exchange reserves, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Philippines foreign exchange reserves data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Philippines foreign exchange reserves

Foreign exchange reserves refer to the assets held by a country's central bank in foreign currencies. These reserves are used to stabilize the country's currency and provide liquidity in times of economic uncertainty. In the case of the Philippines, its foreign exchange reserves play a crucial role in maintaining the stability of the Philippine peso and ensuring that the country can meet its international financial obligations. These reserves are made up of various assets, such as foreign currencies, gold, and Special Drawing Rights (SDRs) from the International Monetary Fund. The level of reserves is closely monitored by policymakers to ensure that they are adequate to support the country's economy and protect against external shocks.

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