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‘Hot money’ inflows doubled in September

By Inquirer - 3 weeks ago
Foreign fund inflows to Philippine stocks and bonds nearly doubled to $1.025 billion in September from the previous month ahead of further monetary easing by the country’s central bank. In a statement on Thursday, the Bangko Sentral ng Pilipinas (BSP) said the net foreign portfolio inflows in September had increased by $491.82 million, or 92.1

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