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PHILIPPINES: |
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INTERNATIONAL RESERVES AND FOREIGN CURRENCY
LIQUIDITY |
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31 January 2023 |
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In Million U.S. Dollars |
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I. |
Official reserve assets and other foreign
currency assets (approximate market value) |
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A.
Official reserve assets |
100,665.50 |
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(1) Foreign currency reserves (in convertible
foreign currencies) |
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73,691.09 |
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(a)
Securities * |
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68,587.83 |
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of which: issuer
headquartered in reporting country but located abroad |
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(b)
Total currency and deposits |
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5,103.26 |
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(i) other national central banks, BIS and IMF |
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1,699.29 |
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(ii) banks headquartered in the reporting
country |
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- |
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of
which: located abroad |
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(iii)
banks headquartered outside the reporting country |
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3,403.97 |
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of
which: located in the reporting country |
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(2) IMF
reserve position |
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797.34 |
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(3) SDRs |
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3,800.67 |
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(4) Gold
(including gold deposits and, if appropriate, gold swapped) |
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9,799.86 |
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- volume in million fine troy ounces |
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5.09 |
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(5) Other
reserve assets (specify) |
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12,576.54 |
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- financial derivatives |
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- loans to nonbank nonresidents |
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- others |
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12,576.54 |
a |
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B. Other foreign currency assets (specify) |
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6,015.15 |
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- securities not included in official reserve
assets |
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6,014.62 |
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- deposits not included in official reserve
assets |
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0.53 |
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- loans not included in official reserve assets |
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- financial derivatives not included in official
reserve assets |
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- gold not included in official reserve assets |
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- others |
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a/ |
Includes
accrued interest receivables, financial securities purchased under agreements
to resell, and placements in the BIS Investment Pools (BISIPs) and the Asian
Bond Fund. |
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* |
Includes Held-to-Maturity Securities which are
valued at amortized cost. |
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II. |
Predetermined short-term net drains on foreign
currency assets (nominal value) |
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Maturity breakdown (residual maturity) |
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Total |
Up to 1 month |
More than 1 month and up to 3 months |
More than 3 months and up to 1 year |
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1. |
Foreign currency loans, securities, and deposits |
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-11,749.14 |
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-4,914.43 |
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-1,193.59 |
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-5,641.12 |
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-outflows
(-) |
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Principal |
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-8,304.47 |
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-4,663.04 |
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-653.05 |
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-2,988.38 |
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Interest |
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-3,444.67 |
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-251.39 |
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-540.54 |
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-2,652.74 |
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-inflows
(+) |
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Principal |
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Interest |
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2. |
Aggregate short and long positions in forwards and futures in
foreign currencies vis-à-vis the domestic currency (including the forward leg
of currency swaps) |
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640.00 |
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640.00 |
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(a) Short
positions (-) |
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-50.00 |
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-50.00 |
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(b) Long
positions (+) |
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690.00 |
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690.00 |
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3. |
Others (specify) |
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-
outflows related to repos (-) |
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- inflows
related to reverse repos (+) |
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- trade
credit (-) |
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- trade
credit (+) |
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- other
accounts payable (-) |
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- other
accounts receivable (+) |
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III. |
Contingent short-term net drains on foreign
currency assets (nominal value) |
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Maturity breakdown (residual
maturity, where applicable) |
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Total |
Up to 1 month |
More than 1 month and up to 3 months |
More than 3 months and up to 1 year |
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1. |
Contingent liabilities in foreign currency |
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(a) |
Collateral guarantees on debt falling due
within 1 year |
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(b) |
Other
contingent liabilities |
|
-678.35 |
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-59.89 |
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-33.87 |
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-584.59 |
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Principal |
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-542.10 |
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-59.29 |
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-29.70 |
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-453.11 |
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Interest |
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-136.25 |
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-0.60 |
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-4.17 |
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-131.48 |
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2. |
Foreign currency securities
issued with embedded options (puttable bonds) |
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3. |
Undrawn, unconditional credit lines provided by: |
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(a) |
other national monetary authorities, BIS,
IMF, and other international organizations |
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- other
national monetary authorities (+) |
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- BIS (+) |
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- IMF (+) |
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- other international organizations (+) |
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(b) |
with banks and other
financial institutions headquartered in the reporting country (+) |
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(c) |
with banks and other
financial institutions headquartered outside the reporting country (+) |
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4. |
Undrawn, unconditional credit lines provided to: |
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(a) |
other national monetary
authorities, BIS, IMF, and other international organizations |
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- other national monetary authorities (-) |
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- BIS (-) |
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- IMF (-) |
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- other international organizations (+) |
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(b) |
banks and other financial
institutions headquartered in the reporting country (-) |
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(c) |
banks and other financial
institutions headquartered outside the reporting country (-) |
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5. |
Aggregate short and long
positions of options in foreign currencies vis-à-vis the domestic currency |
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(a) |
Short
positions |
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(i) |
Bought
puts |
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(ii) |
Written
calls |
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(b) |
Long
positions |
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(i) |
Bought
calls |
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(ii) |
Written
puts |
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PRO MEMORIA: In-the-money options |
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(1) |
At current exchange rates |
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(a) |
Short position |
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(b) |
Long
position |
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(2) |
+ 5% (depreciation of 5%) |
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(a) |
Short
position |
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(b) |
Long
position |
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(3) |
- 5% (appreciation of 5%) |
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(a) |
Short
position |
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(b) |
Long
position |
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(4) |
+ 10% (depreciation of 10%) |
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(a) |
Short
position |
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(b) |
Long
position |
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(5) |
- 10% (appreciation of 10%) |
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(a) |
Short
position |
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(b) |
Long
position |
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(6) |
Others (specify) |
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(a) |
Short
position |
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(b) |
Long
position |
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IV. |
Memo items |
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(1) |
To be
reported with standard periodicity and timeliness: |
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(a) |
short-term
domestic currency debt indexed to the exchange
rate |
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(b) |
financial instruments denominated in foreign currency and
settled by other means (e.g., in domestic currency) |
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- derivatives (forwards, futures, or
options contracts) |
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- short positions |
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- long positions |
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- other
instruments |
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(c) |
pledged
assets |
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-
included in reserve assets |
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-
included in other foreign currency assets |
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(d) |
securities lent and on repo |
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|
-33,143.89 |
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- lent or
repoed and included in Section I |
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-33,143.89 |
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- lent or
repoed but not included in Section I |
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-
borrowed or acquired and included in Section I |
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- borrowed or acquired but not included in
Section I |
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(e) |
financial
derivative assets (net, marked to market) |
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-
forwards |
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- futures |
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- swaps |
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- options |
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- others |
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(f) |
derivatives (forward,
futures, or options contracts) that have a residual maturity greater than one
year, which are subject to margin calls |
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- aggregate short and long positions in
forwards and futures in foreign currencies vis-à-vis the domestic currency (including the forward
leg of currency swaps) |
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(a) |
short positions (-) |
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(b) |
long positions (+) |
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|
-aggregate short and long
positions of options in foreign currencies vis-à-vis the domestic currency |
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(a) |
short positions |
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(i) |
bought puts |
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(ii) |
written calls |
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(b) |
long positions |
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(i) |
bought calls |
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(ii) |
written puts |
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(2) |
To be disclosed at least once a year: |
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(a) |
currency composition of reserves (by groups
of currencies) |
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- |
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-
currencies in SDR basket |
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- |
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-
currencies not in SDR basket |
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- |
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- by
individual currencies (optional) |
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