Philippines’ foreign reserves surged to 16-mo high in Jan. 2026

MANILA, Philippines – The Philippines began 2026 with foreign exchange reserves at a 16-month high, buoyed by a record valuation of the central bank’s gold holdings as global bullion prices surged to new peaks and inflows from the Marcos administration’s recent offshore bond sale. Latest data from the Bangko Sentral ng Pilipinas (BSP) showed the