Section

BOP swung to $724-M deficit in October, highest in 9 months

By Inquirer - 4 days ago
Foreign currency withdrawals made by the government to pay for its offshore debts and spending needs flipped the Philippines’ dollar position back to a deficit in October, with the gap being the largest in nine months, the Bangko Sentral ng Pilipinas (BSP) reported. This, while BSP Governor Eli Remolona Jr. said the central bank is

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.