By Luisa Maria Jacinta C. Jocson, Reporter
THE PHILIPPINES’ balance of payments (BoP) position swung to a surplus in October, ending six straight months of contraction, the central bank said.
Data released by the Bangko Sentral ng Pilipinas (BSP) showed the country’s BoP surplus widened to $1.5 billion in October from $711 million in the same month a year ago.
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