PH posts $248-M BoP surplus last month

Aug 20, 2019 12:19 am

The country’s balance of payments (BoP) reverted to a surplus in July, boosting the year-to-date tally to return to the P5-billion mark.

The Bangko Sentral ng Pilipinas (BSP) said on Monday July’s $248-million surplus was a reversal of the $404-million and $455-million shortfalls recorded in June and a year earlier.

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