Section

PH dollar position reverted to deficit in April

By Inquirer - 6 months ago
MANILA, Philippines — Withdrawals made by the government to pay some of its offshore debts sent the country’s dollar position back to a deficit in April, the Bangko Sentral ng Pilipinas (BSP) reported on Monday. BSP data showed the Philippines’ overall balance of payments (BOP) position stood at a deficit of $639 million in April,

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.