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Foreign portfolio investments that left the country sank to its lowest in 14 months in August on lingering uncertainties over the coronavirus disease 2019 (Covid-19) pandemic, according to the Bangko Sentral ng Pilipinas (BSP). Data from the central bank show‘Hot money’ outflows dive to 14-month low
Foreign portfolio investments that left the country sank to its lowest in 14 months in August on lingering uncertainties over the coronavirus disease 2019 (Covid-19) pandemic, according to the Bangko Sentral ng Pilipinas (BSP). Data from the central bank showed on Friday that net outflows of these investments, or “hot money” — so named because […] Read more