GROSS INTERNATIONAL RESERVES OF THE BANGKO SENTRAL NG PILIPINAS
	end of period
	in million US dollars
																		Short-Term
																		External Debt Cover
						Reserve												(in percent)
						Position in						Foreign		Foreign		Import		Original		Residual
				GIR		the Fund		Gold		SDRs		Investments		Exchange		Cover  1		Maturity		Maturity  2
				(1) =		(2)		(3)		(4)		(5)		(6)		(7)		(8)		(9)
				(2) to (6)
	1995			7,785.74		129.55		1,389.36		7.96		6,146.42		112.45		2.60		191.72		113.15
	1996			11,773.39		125.04		1,715.39		2.40		9,793.75		136.81		3.20		216.78		139.17
	1997			8,799.47		118.06		1,472.03		31.18		6,986.41		191.79		1.97		138.66		95.81
	1998			10,841.54		122.17		1,568.56		1.21		8,756.73		392.87		3.08		185.10		112.03
	1999	Dec		15,063.99		119.54		1,782.20		19.08		12,901.26		241.91		3.68		304.38		188.04
	2000	Dec		15,062.83		113.44		1,972.65		1.93		12,388.35		586.46		3.48		274.12		163.92
	2001	Dec		15,692.24		109.37		2,216.17		13.99		12,805.30		547.41		4.04		261.54		143.64
	2002	Dec		16,364.76		118.22		3,035.85		10.21		12,732.29		468.19		3.95		294.38		143.66
	2003	Dec		17,063.06		129.81		3,408.19		1.77		12,945.40		577.89		4.03		276.15		140.66
	2004	Dec		16,227.91		135.33		3,112.07		1.00		12,742.09		237.42		3.55		321.60		156.94
	2005	Dec		18,494.35		125.04		2,568.38		0.84		15,397.53		402.56		3.82		289.20		131.56
	2006	Jan		20,401.77		126.45		2,658.62		5.19		17,117.26		494.25		4.17		325.39		149.17
		Feb		20,481.81		125.54		2,612.17		0.36		17,242.78		500.96		4.14		326.66		150.17
		Mar		20,645.34		126.05		2,797.31		0.36		17,208.85		512.77		4.11		335.81		150.87
		Apr		20,852.48		129.19		3,042.94		5.53		17,203.84		470.98		4.13		339.18		151.69
		May		20,949.91		130.72		2,849.39		0.89		17,503.48		465.43		4.09		340.76		156.58
		Jun		21,123.47		129.42		2,903.60		0.88		17,647.95		441.62		4.10		364.32		165.19
		Jul		21,274.11		129.90		2,940.65		5.33		17,910.27		287.96		4.08		373.36		170.88
		Aug		21,540.69		130.31		2,868.37		0.55		18,214.70		326.76		4.05		388.26		181.38
		Sep		21,593.36		129.25		2,746.44		0.55		18,265.57		451.55		4.07		380.23		187.46
		Oct		22,309.58		130.03		2,869.16		6.49		18,819.30		484.60		4.16		392.84		199.98
		Nov		22,649.27		132.27		2,991.66		2.34		19,321.35		201.65		4.17		398.82		211.93
		Dec		22,966.72		131.70		2,941.30		2.33		19,611.41		279.98		4.23		458.51		250.07
	2007	Jan		23,694.35		130.46		2,975.85		4.54		19,995.27		588.23		4.34		473.04		261.15
		Feb		24,542.16		131.73		2,987.63		1.69		21,004.00		417.11		4.46		489.96		259.18
		Mar		24,684.41		132.21		3,008.36		1.70		20,804.08		738.06		4.47		482.31		248.56
		Apr		25,089.60		133.61		3,040.19		1.71		21,428.90		485.19		4.53		490.22		253.84
		May		25,599.28		132.44		2,992.37		0.62		21,855.14		618.71		4.60		500.18		258.92
		Jun		26,382.95		132.68		2,928.24		0.62		23,022.74		298.67		4.72		443.63		243.45
		Jul		28,019.00		134.13		3,024.09		1.40		24,607.95		251.43		4.96		471.15		256.96
		Aug		30,485.13		134.26		3,122.51		0.25		27,002.87		225.24		5.40		512.61		278.02
		Sep		30,902.16		136.36		3,034.47		0.26		27,498.73		232.34		5.43		446.24		253.86
		Oct		32,498.08		137.96		3,365.23		1.84		28,724.38		268.67		5.65		469.29		269.56
		Nov		32,719.24		139.30		3,330.72		0.74		28,978.05		270.43		5.63		472.48		271.42
		Dec		33,751.06		138.28		3,540.61		0.74		29,715.21		356.22		5.71		476.44		271.40
	2008	Jan		34,809.73		139.75		3,857.71		1.06		30,511.44		299.77		5.81		491.39		280.57
		Feb		36,287.80		141.08		4,059.50		0.08		31,756.01		331.13		6.00		512.25		304.53
		Mar		36,624.01		144.06		3,834.39		0.08		32,274.85		370.63		5.99		550.65		317.50
		Apr		36,355.57		142.32		3,584.75		13.37		32,228.27		386.86		5.95		546.62		323.39
		May		36,233.12		141.97		3,795.61		12.61		31,884.16		398.77		5.93		544.78		322.42
		Jun		36,712.28		143.20		3,962.94		12.71		32,223.58		369.85		6.01		513.39		294.81
		Jul		36,900.99		142.08		3,904.11		12.61		32,545.36		296.83		6.04		516.03		298.00
		Aug	p	36,742.76		137.61		3,568.84		11.87		32,688.58		335.86		6.01		499.83		293.80
	1	Number of months of average imports of  goods and payment of services and income that can be financed by reserves.
	2	Refers to  adequacy of reserves  to cover outstanding short-term external debt based on original maturity plus principal payments on
		medium- and  long-term loans of the public and private sectors falling due in the next 12 months.
	p	Preliminary
	Source:  Bangko Sentral ng Pilipinas