THE country’s balance of payments (BoP) surplus hit a four-month high in May, boosting the year-to-date tally to surpass the central bank’s target for 2019.
The Bangko Sentral ng Pilipinas (BSP) reported on Wednesday that the $928 million posted last month was higher than the $467-million surplus in April and reversed the $583-million deficit recorded a year ago.
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