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manilatimes - 1 month ago

Nearly $98M in ‘hot money’ enters PH in Jan

Net foreign portfolio investments worth almost $98 million entered the country in the first month of 2021, the Bangko Sentral ng Pilipinas (BSP) reported on Friday, citing recent political events in the United States and Covid-19-related developments as among the reasons. Central bank data showed that net inflows of these investments, or “hot money” — [ ]


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