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BOP surplus target still attainable, says BSP

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BSP Governor Amando M. Tetangco Jr. INQUIRER FILE PHOTO

The central bank remains confident that the target for the country’s external payments position is still within reach, implying a strong recovery in investment flows in the coming months.

Posted: August 26th, 2014 in Headlines,Latest Business Stories | Read More »

BOP back to deficit in June

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The country’s balance of payments swung to a deficit in June after showing signs of recovery the month before, putting new BOP forecasts for the year at risk of being missed.

Posted: July 19th, 2014 in Headlines | Read More »

BOP in May posts biggest surplus for 2014

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INQUIRER FILE PHOTO

More money entered the country than what went out in May, a reflection that emerging markets have started to regain their attractiveness to foreign investors.

Posted: June 21st, 2014 in Editor's Pick,Headlines | Read More »

BOP deficit narrowed to $19M in April

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Bangko Sentral ng Pilipinas. INQUIRER FILE PHOTO

The amount of foreign money that left the country declined in April, suggesting the continued stabilization of global financial markets as investors turned less jittery over policy changes in advanced economies like the United States.

Posted: May 20th, 2014 in Editor's Pick,Featured Gallery,Headlines,Photos & Videos | Read More »

BOP swings to deficit of $4.47B in Q1

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Photo by INQUIRER.net

The outflow of foreign currencies surpassed the inflow in the first quarter as portfolio investors dumped peso-denominated assets, along with other emerging-market assets, on reports that the US Federal Reserve would further taper its stimulus program.

Posted: April 22nd, 2014 in Editor's Pick,Headlines | Read More »

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