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Rising consumer prices amid the surge in coronavirus disease 2019 infections prompted foreign portfolio investors to pull out more than $540 million in the Philippines in March, according to the Bangko Sentral ng Pilipinas (BSP). Central bank data showed thaInvestors pulled out $540M in March
Rising consumer prices amid the surge in coronavirus disease 2019 infections prompted foreign portfolio investors to pull out more than $540 million in the Philippines in March, according to the Bangko Sentral ng Pilipinas (BSP). Central bank data showed that net outflows of foreign portfolio investments, or “hot money” — so called because of how […] Read more











