Tag: $27m
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Hot money outflows hit $27M in June
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MORE SHORT-TERM foreign investments flowed out of the Philippines in June, data from the Bangko Sentral ng Pilipinas (BSP) showed. Transactions on foreign investments registered with the central bank through authorized banks posted a net outflow of $27.26 million. This was a reversal of the $42.86-million net inflow in May,…