MANILA, July 7 (Xinhua) -- The Philippines' gross international reserves (GIR) rose to 105.3 billion U.S. dollars in June from 105.2 billion in May, the Philippine central bank said Monday.
The Bangko Sentral ng Pilipinas (BSP) said the June GIR level rose mainly due to foreign currency deposits by the national government with the BSP and income from BSP Investments.
GIR is made up of foreign-denominated securities, foreign exchange, and other assets, including gold. ■