The Philippines’ balance of payments (BOP) hit a $336 million deficit in March due mainly to net foreign investment outflows amid uncertainty over the pace of stimulus tapering by the United States Federal Reserve, central bank Governor Amando Tetangco Jr. said.
Data from the Bangko Sentral ng Pilipinas (BSP) on Monday showed a reversal of the BOP in March from a $345-million surplus in February.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.