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The Philippines is expected to have more foreign reserves once the $650-billion special drawings rights (SDR) of the International Monetary Fund (IMF) would be approved. In an email to The Manila Times, IMF Resident Representative to the Philippines YongzhenNew SDR allocation to increase PH foreign reserve
The Philippines is expected to have more foreign reserves once the $650-billion special drawings rights (SDR) of the International Monetary Fund (IMF) would be approved. In an email to The Manila Times, IMF Resident Representative to the Philippines Yongzheng Yang said the SDR allocation means that the Philippines, along with all other IMF member-countries, would […] Read more











