MORE FOREIGN CAPITAL continued to exit the Philippines, yielding a net outflow for a second straight month in January, according to the Bangko Sentral ng Pilipinas (BSP).
Transactions on foreign portfolio investments registered with the central bank through authorized agent banks posted a net outflow of $283.69 million during the month.
This was 274.1% higher than the $75.83-million net outflow recorded in January 2024.
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