BoP hits surplus, GIR up in October

Nov 21, 2023 12:38 am

THE country's balance of payments (BoP) position hit a surplus of $1.5 billion in October, the Bangko Sentral ng Pilipinas (BSP) reported on Monday, snapping a six-month run of deficits.

The result was a reversal from September's $414-million shortfall and the year-earlier surplus of $711 million.

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