'Hot money' flows turn positive in Oct

By The Manila Times

Nov 25, 2022 12:17 am

FOREIGN investments registered with the Bangko Sentral ng Pilipinas (BSP) turned positive in October, snapping a four-month run of net outflows that began in May.

At $83 million, the net 'hot money' inflow was a reversal from September's $367-million net outflow, the BSP said in a statement.

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