Net ‘hot money’ flows positive in July

Net ‘hot money’ flows positive in July – BSP

Aug 17, 2018 12:23 am

FOREIGN portfolio investments turned positive in July after two months of net outflows, data released by the Bangko Sentral ng Pilipinas (BSP) showed on Thursday.

The $53.29-million in net “hot money” flows for the month was a reversal from June’s net outflow of $516.12 million but was lower than the yearago net inflow of $206.47 million.

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