Philippines' gross int'l reserves level rises to 105.65 bln USD in July

MANILA, Aug. 7 (Xinhua) -- The Philippines' gross international reserves (GIR) rose to 105.65 billion U.S. dollars at the end of July, up from 105.19 billion dollars at the end of June, the Philippine central bank said Wednesday.

The Bangko Sentral ng Pilipinas (BSP) said the July GIR level represents a more than adequate external liquidity buffer equivalent to 7.8 months' worth of imports of goods and payments