Hot money flows turn positive in Feb
SHORT-TERM foreign investments rebounded in February after declining at the start of the year, the Bangko Sentral ng Pilipinas (BSP) reported late on Wednesday. Foreign investments registered with the central bank via authorized agents — commonly referred to as “hot money” due to the ease by which these can be moved in and out of […]
Tomas Kauer - News Moderator 
SHORT-TERM foreign investments rebounded in February after declining at the start of the year, the Bangko Sentral ng Pilipinas (BSP) reported late on Wednesday.
Foreign investments registered with the central bank via authorized agents — commonly referred to as “hot money” due to the ease by which these can be moved in and out of the country — posted a net inflow of $689 million.
Register to read this story and more for free.
Signing up for an account helps us improve your browsing experience.
OR
See our subscription options.
Already have an account? Log in here
This website uses cookies. By continuing to browse the website, you are agreeing to our use of cookies. Read More.
