Tag: hot
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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,…
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Hot money outflows reach $312M in April
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MORE short-term foreign capital left the Philippines than entered for a second straight month in April, data from the Bangko Sentral ng Pilipinas (BSP) showed. BSP data showed that transactions on foreign portfolio investments registered with the central bank through authorized agent banks posted a net outflow of $312.18 million…
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‘Hot money’ outflows rise to $236M in March
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MORE FOREIGN PORTFOLIO investments left the Philippines in March, as investors anticipated a delay in rate cuts by the US Federal Reserve, data from the Bangko Sentral ng Pilipinas (BSP) showed.