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PHILIPPINES: |
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INTERNATIONAL RESERVES AND FOREIGN CURRENCY
LIQUIDITY |
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31 December 2022 |
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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 |
96,149.17 |
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(1) Foreign currency reserves (in convertible
foreign currencies) |
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73,007.24 |
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(a)
Securities * |
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68,308.80 |
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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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4,698.44 |
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(i) other national central
banks, BIS and IMF |
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640.76 |
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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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4,057.68 |
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of
which: located in the reporting country |
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(2) IMF
reserve position |
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789.81 |
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(3) SDRs |
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3,764.79 |
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(4) Gold
(including gold deposits and, if appropriate, gold swapped) |
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9,282.28 |
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- volume in million fine troy ounces |
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5.07 |
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(5)
Other reserve assets (specify) |
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9,305.05 |
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- financial derivatives |
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- loans to nonbank nonresidents |
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- others |
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9,305.05 |
a |
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B. Other foreign currency assets (specify) |
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5,753.81 |
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- securities not included in official reserve
assets |
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5,753.28 |
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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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-7,144.08 |
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-1,965.95 |
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-1,362.93 |
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-3,815.20 |
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-outflows
(-) |
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Principal |
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-3,838.90 |
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-1,603.63 |
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-874.17 |
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-1,361.10 |
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Interest |
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-3,305.18 |
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-362.32 |
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-488.76 |
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-2,454.10 |
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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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810.00 |
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760.00 |
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50.00 |
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(a)
Short positions (-) |
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810.00 |
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760.00 |
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50.00 |
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(b)
Long positions (+) |
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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 |
|
-692.33 |
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-0.34 |
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-92.56 |
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-599.43 |
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Principal |
|
-558.08 |
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-0.21 |
|
-87.90 |
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-469.97 |
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Interest |
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-134.25 |
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-0.13 |
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-4.66 |
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-129.46 |
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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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|
-30,691.15 |
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- lent or repoed and included in Section I |
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-30,691.15 |
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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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|
|
|
96,149.17 |
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|
|
|
- currencies in SDR basket |
|
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|
94,317.94 |
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|
- currencies not in SDR basket |
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|
1,831.23 |
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|
- by individual currencies (optional) |
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