00:00The Banco Central ng Pilipinas, or BSP, reported the country's gross international reserves, or GIR level,
00:06settled at $108.5 billion as of end November.
00:10The latest GIR level is lower compared to $111.1 billion in October.
00:16In the meantime, the net international reserves also declined to $108.4 billion
00:21from the October GIR level of $111 billion.