THE Philippines’ balance of payments (BoP) surplus hit an 11-month high in December, boosting the full-year 2019 tally to reach its highest in seven years.
The Bangko Sentral ng Pilipinas (BSP) reported on Monday that the $1.57-billion surplus in December was higher than the $541-million surplus in November, but lower than the $2.44 billion recorded a year ago.
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