Event Brief
May 14, 2026 at 1:05 AM ET
War turmoil saps Asian reserves as Philippines, India hit
By The BriefBrief
Asian foreign reserves fell sharply, with the Philippines and India among the hardest hit, linked to the Middle East conflict.
WHO: Asia’s foreign reserves
WHAT: Foreign reserves slide across Asia, with Philippines and India hit most
WHEN: May 13, 2026 at 10:31 PM ET
WHERE: Asia
WHY: Asia’s reliance on energy imports tied reserve losses to the Middle East conflict.
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