THE central bank said its target balance of payments (BOP) surplus of $1.1 billion for this year is still attainable even if the country's payments position has remained in deficit in the first seven months.

"Financial conditions have settled down since the initial forecasts were generated and our thinking to date is that the $1.1 billion BOP surplus remains attainable," Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. said.

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