FOREIGN portfolio investments reverted to the positive territory after $15.02 million of these flowed into the Philippines in July, data from the Bangko Sentral ng Pilipinas (BSP) showed on Thursday.

Net inflows of these investments, also called “hot money” — so named because of how easily these enter and leave the economy — last month were a reversal of June’s $35.72-million net outflows, but was lower than the year-earlier net inflows of $53.29 million.

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