BSP: Foreign borrowing approvals up 43% in Q2

Jul 23, 2024 12:28 am

FOREIGN borrowing approvals grew by over 40 percent in the second quarter from a year earlier, the Bangko Sentral ng Pilipinas (BSP) said on Monday.

At $3.90 billion, the amount was 43 percent higher than the $2.73 billion approved a year earlier by the central bank's policymaking Monetary Board.

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