PH dollar surplus at nearly 4-yr high of $3.5B in September

The Philippines posted its biggest dollar surplus in almost four years in September, on the back of hefty inflows from fresh foreign borrowings of the government and earnings of the Bangko Sentral ng Pilipinas (BSP) from its investments abroad. The country’s balance of payments (BOP) position recorded a $3.5-billion surplus in September, a reversal from
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