A six-year high of $961.05-million foreign portfolio investments left the Philippines in March, Bangko Sentral ng Pilipinas (BSP) data showed.

March’s net outflows of “hot money” — so called because of how easily these go in and out of the economy — was a turnaround from February’s $40.06-million net inflows.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details