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BusinessWorld

PHL posts net hot money inflow in May

FOREIGN portfolio investments (FPI) yielded a net inflow in May following two straight months of outflows amid improving risk appetite, preliminary central bank data showed. Transactions on foreign investments registered with the Bangko Sentral ng Pilipinas (BSP) through authorized agent banks yielded a net inflow of $232.46 million in May, down from the $600.77-million net […]

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Source: bworldonline.com

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