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Philippines: Hot money inflows highest in 4 months

MANILA, Philippines — Foreign portfolio investment inflows hit a four-month high of $225.85 million in August, reversing a net outflow of $57.52 million in the same month last year on the back of good second quarter corporate earnings results. According to the Bangko Sentral ng Pilipinas (BSP), last month’s foreign portfolio or hot money inflow […]

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