Foreign portfolio investments in September reversed to a net outflow of $24 million versus the previous month’s net inflow of $12 million, the Bangko Sentral ng Pilipinas (BSP) said.
Foreign portfolio investments in September reversed to a net outflow of $24 million versus the previous month’s net inflow of $12 million, the Bangko Sentral ng Pilipinas said on Thursday, Oct. 28.The $24 million net outflows are lower than the $494 million net outflows registered in the same period in 2020. The BSP-registered gross outflows, in the meantime, amounted to $1.21 billion for September only while gross inflows totaled $1.19 billion.
Foreign portfolio funds or hot money are invested in the following: Philippine Stock Exchange-listed securities; peso-denominated government securities; peso time deposits with minimum tenor of 90 days; other peso debt instruments; unit investment trust funds; and other portfolio investments such as Exchange Traded Funds and Philippine Depositary Receipts
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Higher sales amid more relaxed restrictions lift Wilcon Depot's Jan-Sept income past ₱1.8BThe listed home and construction essentials retailer reports earnings of ₱1.87 billion for the nine-month period, way up from the ₱984 million logged last year. It notes
Read more »
Higher sales amid more relaxed restrictions lift Wilcon Depot's Jan-Sept income past ₱1.8BThe listed home and construction essentials retailer reports earnings of ₱1.87 billion for the nine-month period, way up from the ₱984 million logged last year. It notes
Read more »
Gun not thoroughly checked before Alec Baldwin fired fatal shotHannah Gutierrez, the crew member in charge of weapons on the set of the film 'Rust,' told investigators she had checked guns there but found no 'hot rounds.'
Read more »
Yang denies lending money to Pharmally despite testimoniesBusinessman Michael Yang on Thursday denied lending money to Pharmally executives and said he only introduced the firm to his 'friends' for funding.
Read more »
BSP reviewed 198 LGU borrowing requestsThe Bangko Sentral ng Pilipinas (BSP) has processed 198 requests from LGU seeking Monetary Board opinion before they could proceed to borrow money for various projects, mostly for infrastructure development.
Read more »
Vote-buying an election offense, says Comelec after Robredo's remark(3rd UPDATE) Vice President Robredo's advice to domestic workers to accept bribe money but vote according to one's conscience has sparked a fiery debate online, although her stand is not new, and is shared by other presidential aspirants
Read more »