PH hot money records net outflow in June

MANILA, Philippines – Foreign portfolio investments registered with the Bangko Sentral ng Pilipinas (BSP) through authorized banks recorded net outflows of US$27 million in June this year. Data released by the BSP late Wednesday showed that the net outflows resulted from the US$1.1 billion gross outflows and the gross inflows of US$1.0 billion for the
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