Short-term foreign investments or “hot money” registered with the Bangko Sentral ng Pilipinas (BSP) skyrocketed to $292 million in January 2023, about 20 times as large as the $14.6 million recorded in January 2022. This was also more than triple the $93-million net inflow in December and also marked the fourth month in a row … Continue reading Net inflow of ‘hot money’ skyrocketed in Jan to $292M