Hot money swings back to net outflow

Hot money swings back to net outflow – BSP

Apr 23, 2015 10:50 pm

March net outflow $22M vs Feb net inflow $1.2B

FOREIGN portfolio investments, or hot money, reverted to a net outflow of $22 million in March after a net inflow of $1.2 billion in February, with most of the funds leaving the country bound for the US, according to data released by the central bank on Thursday.

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