International Herald Tribune By Maricel E. Burgonio, Reporter THE country's dollar reserves continued to grow at double-digits last month compared with a year ago, the Bangko Sentral ng Pilipinas (BSP) said. In a statement, BSP Deputy Gov. Nestor Espenilla Jr. said the country's gross international reserves (GIR) rose to $36.7 billion in April from $25.08 billion in the same month last year. Although growing by 46 percent year on year, the April dollar buffer grew by just 0.3 percent from the month before, slowing further from the 0.9-percent rise from February to March. Foreign exchange inflows went down...
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photo: WN / Renzelle Mae Abasolo
