Foreign exchange reserves, billion currency units in the Philippines, July, 2020
For that indicator, we provide data for the Philippines from January 1960 to July 2020. The average value for the Philippines during that period was 19.08 billion U.S. Dollar with a minimum of 0.05 billion U.S. Dollar in December 1961 and a maximum of 98.6 billion U.S. Dollar in July 2020.
Click on the following link to see the values of Foreign exchange reserves, billion currency units
around the world.
* indicates monthly or quarterly data series
Measure: billion U.S. Dollar
Source: Central Bank of the Philippines
Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign
currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the
International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities
to finance trade imbalances, check the impact of foreign exchange fluctuations and address
other issues under the purview of the central bank.