towards Katherine K. Chan
The Philippines’ balance of Payments (BOP) Position sworn to the remainder of October, minForeign post office for foreign countriestion gap over a 10-month period, the central bank said.
Data from the Bangko Sentral NG Pilipinas (BSP) revealed that the country’s BOP registered a surplus of $706 Million in October, a change from $724
This was wider than the $82 million held by September and marked the third month in a row that the bop stood still.
“The Philippines’ balance of payments registered a surplus of $706-Million in October 2025, reflecting advanced foreign accounts,” said the BSP in a statement released late Wednesday.
BOP refers to a country’s economic transactions with other nations. A surplus shows that more money came into the country, while a deficit shows that the country spent more than it received.
The BOP Surplus in October brought the ten-month deficit to $4.609 billion, which is back from the $4.393-billion surplus in the same period last year.
“In January-October 2025, the Bop recorded a total block of $ 4.6 billion, showing signs of slowing as can be suspected,” said the Central Bank.
RIMAL Commerce Banking Corp. Economist Michael L. Ricafufort noted that the bop surplus in October was the best of the eight months or from February 2025.
In the letter, Mr. Ricafort said it would have been improved by the improved weather conditions and the end of the expected peak of the third quarter import season.
He said the seasonal increase and export sales would be positive factors for the country’s bop position in the fourth quarter.
Jonathan L. Ravelos, a senior consultant at Reyes Tacandong & Co, said in a Viber message that increased export inflows, fees and business exits may have strengthened the country’s bop bop.
“If global conditions strengthen and imports normalize, we saw that the BOP Deficit Masrew further,” he added. “But watch out for the (US FEDERAL Reserve) and oil price policy – it’s at risk.”
Mr. Ricafort also said that US President Donald J. Trump’s jw.
“In the coming months, the BOP data will improve and if anti-corruption measures and other recovery measures are taken seriously to improve investor sentiment or confidence (he added to the country.
The Central Bank expects the overall BOP position to end at a Deficit of 60-billion this year or -1.4% of the gross domestic product.
Dollars are dollars
Meanwhile, the BSP said the country’s latest BOP position shows a 1% increase in gross international reserves
“Increasing the holdings of $110.2 (billion) gives us a strong buffer against external shocks,” said Mr. Tacandong.
In a period of 10 months, the level of dollar reserves is equal to the import of about 7.4 months of services and payments for services and basic income, above the level of three months.
“Specifically, the latest Girl rate ensures the availability of foreign exchange to meet the balance of payments needs, such as the payment of imports and debts,” said the Central Bank.
It also includes 3.8 times the country’s short-term interest rates based on remaining maturity.
The country’s total cattle are made up of securities issued in other countries, foreign exchange, and other commodities such as gold. Besides financing their external obligations, these are used by the Central Bank to help strengthen the PESO and act as a buffer against global economic shocks.
BSP recognizes Dollar Reserves Settlement at $ 105 billion by Iarlend.
