More dollars left than came into RP as of end-September

By Maricel Burgonio

Oct 16, 2004 4:28 am

DESPITE a $1-billion borrowing by the national government, more dollars left the Philippines than came in as of end-September, based on data released by the Bangko Sentral ng Pilipinas.

The country's balance of payments (BOP) in the January to September period posted a $178-million deficit, or a reversal from $111-million surplus in the same period last year.

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