Foreign portfolio investments hit a net inflow of $304.83 million in mid-March, Bangko Sentral ng Pilipinas (BSP) data showed, lower from a net inflow posted a year earlier.
The central bank’s latest update on “hot money” — called such due to the ease by which the funds can be taken in and out of an economy — put year-to-date inflows at $4.831 billion against total outflows of $4.526 billion.
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