By Luisa Maria Jacinta C. Jocson, Reporter
THE PHILIPPINES in January posted its biggest balance of payments (BoP) deficit in over a decade, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.
The BoP deficit stood at $4.1 billion in January, ballooning from the $740-million gap in the same month a year ago.
It was also nearly triple the $1.5-billion deficit posted in December.
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