Saturday 21 April 2018
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1 months ago

Dollar outflows as of Feb. near BSP’s full year forecast

They ve only tallied the numbers for the first two months of the year but already, the dollar outflows from the local economy is threatening to hit the central bank s full year target. In a press statement, the Bangko Sentral ng Pilipinas said that the country s overall balance of payments position in the January-February 2018 period has reached a deficit of $961 million compared to the $445 million deficit recorded in the same period of last year. The balance of payments represents the aggregate ne

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