Philippines' gross int'l reserves level rises to record 112 bln USD in September

MANILA, Oct. 7 (Xinhua) -- The Philippines' gross international reserves (GIR) rose to an all-time high of 112 billion U.S. dollars at the end of September, up from 107.9 billion dollars at the end of August, the Philippine central bank said Monday.

The Bangko Sentral ng Pilipinas (BSP) said the September GIR level represents a more than adequate external liquidity buffer equivalent to 8.1 months' worth of impor