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Net FDI declines to $394M in June

NET foreign direct investments (FDI) hit an over four-year low in June, the Bangko Sentral ng Pilipinas (BSP) reported on Tuesday.

At $394 million, the net inflow is the lowest since April 2020's $314 million. It is also lower compared to the year-earlier $555 million and May's $499 million.