By Luisa Maria Jacinta C. Jocson, Reporter
MORE FOREIGN PORTFOLIO investments left the Philippines in March, as investors anticipated a delay in rate cuts by the US Federal Reserve, data from the Bangko Sentral ng Pilipinas (BSP) showed.
Transactions on foreign investments registered with the central bank through authorized agent banks posted a net outflow of $236.02 million in March, significantly higher than the $70.26-million outflows in the same month a year ago.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.