MANILA, Feb 7 (Reuters) - The Philippines' gross
international reserves increased to $99.7 billion at
the end of January, from $96.1 billion a month earlier, the
central bank said on Tuesday, citing preliminary data.
The latest forex reserves represent a more than adequate
external liquidity buffer equivalent to 7.5 months of imports of
goods and payments of services and primary income, the bank said
in a statement.
(Reporting by Neil Jerome Morales; Editing by Andrew Heavens)
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