The Philippines’ dollar reserves hit a historic high in May —at the peak of the COVID-19 lockdown—thanks to inflows from the government’s foreign borrowings, as well as foreign exchange earnings of the central bank. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the country’s gross international reserves level, based on preliminary data, rose […]
A man wearing a face mask to protect against coronavirus waits for a train at Schuman metro station during a gradual lifting of lockdown to prevent the spread of the coronavirus, COVID-19, in Brussels, Tuesday, May 5, 2020. Belgium began relaxing some of its lockdown...
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