FOREIGN portfolio investments returned to negative territory after $391.74 million of these flowed out of the country in August, according to the Bangko Sentral ng Pilipinas (BSP).
Net outflows of these investments, or “hot money” — called as such because of how easily these enter and leave the economy — last month reversed net inflows of $15 million in July and $225.85 million in the same month a year ago.
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