08.01.202602:30:00UTC+00Philippines' Foreign Exchange Reserves Take a Slight Dip in December

In December 2025, the Philippines' foreign exchange reserves experienced a modest decline, according to the latest data updated on January 8, 2026. The reserves dropped to USD 110.90 billion from the previous standing of USD 111.30 billion noted in November 2025.

This decrease highlights a period of financial adjustment for the country's economic management as it adapts to an array of macroeconomic challenges. With this 0.40 billion USD reduction, the change could reflect broader trends in international trade balances, foreign direct investments, or capital outflows that regulatory bodies will need to further assess and address.

While the drop may raise some concerns over the country's near-term economic outlook, experts suggest monitoring future updates closely to determine if this is an isolated fluctuation or part of a longer-term pattern in the macroeconomic landscape. As global market conditions continue to evolve, the Philippine government may need to strategize towards stabilizing and potentially increasing these reserves in the coming months.