PHL net external liability position widens in Q1

THE PHILIPPINES’ international investment position (IIP) remained at a net external liability position in the first quarter, widening 8.1% from a quarter earlier to $54.924 billion in the face of heightened market volatility, the Bangko Sentral ng Pilipinas (BSP) said. Year on year, the net liability position narrowed by 2%. The end-of-March net liability was […]