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BOP reversed to surplus of $62M in July, says BSP

By Inquirer - 3 months ago
The Philippines’ dollar position returned to a surplus in July after the Bangko Sentral ng Pilipinas (BSP) made a killing with its investments abroad, putting the seven-month tally close to the central bank’s projection for 2024. BSP data released on Monday showed the country’s balance of payments (BOP) position was at a surplus of $62

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