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FDI net inflows hit 10-month low in March

NET inflows of foreign direct investments (FDIs) hit a 10-month low in March, data released by the Bangko Sentral ng Pilipinas (BSP) on Monday showed.

The net inflows during the month amounted to $727 million, down by 9.8 percent than the $806 million recorded in March last year and the lowest since the $452 million in May 2021.