BSP registers $417M net hot money inflows

The central bank-registered foreign portfolio investments or “hot money” reverted to a net inflow in May of $416.74 million, bucking three straight months of net outflows. Based on Bangko Sentral ng Pilipinas (BSP) data, the $416.74 million net inflows resulted from gross inflows of $1.458 billion and gross outflows of … Continue reading BSP registers $417M net hot money inflows