$531M in net ‘hot money’ exited PH in Feb, most in 2 yrs
MANILA —The flow of short-term foreign investments or “hot money” that are registered with the Bangko Sentral ng Pilipinas (BSP) reversed to a net outflow of $531 million in February after four straight months of net inflows. Data at the BSP show that there were net inflows of $292 million in January and $274 million … Continue reading $531M in net ‘hot money’ exited PH in Feb, most in 2 yrs
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