NET "hot money" inflows reached $1.35 billion in April, the highest level in 11 years, according to data from the Bangko Sentral ng Pilipinas on Friday.

Gross foreign portfolio investment inflows of $2.18 billion outpaced outflows of $823.32 million in that month. Net inflows were last greater in November 2010, when they reached $1.67 billion.

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