Foreign ‘hot money’ continued exit from PH markets amid pandemic jitters
MANILA, Philippines—More short term funds from overseas investors left Philippine financial markets than entered it in March, further widening the hot money deficit since the start of 2021, as worries about the COVID-19 pandemic continued to weigh on fund managers, according to the Bangko Sentral ng Pilipinas (BSP). At the same time, however, BSP data … Continue reading Foreign ‘hot money’ continued exit from PH markets amid pandemic jitters
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