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Philippines c.bank revises May-end reserves data

Published: 17 Jun 2009 01:57:07 PST

MANILA, June 17 - Philippines gross international reserves at the end of May totalled a record $39.589 billion, revised central bank figures showed on Wednesday.

The revised figure compared with $39.318 billion reported previously for May and April reserves of $39.316 billion.

The central bank expects gross international reserves to rise in 2009 to $39 billion from $37.55 billion in 2008.


Source: Reuters

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