The Philippines balance of payments (BOP) position registered a $1.04 billion surplus in August, resulting in lower deficit in the first eight months of the year, the central bank reported. Philippines' end-August BOP deficit is reduced to $253 million Data from the Bangko Sentral ng Pilipinas...
The central bank reported a higher balance of payments (BOP) deficit of $1.627 billion in the first five months after incurring a $1.397 billion shortfall for the month of May. The end-May BOP deficit is a reversal of the $4.029 billion surplus recorded in the same period last year. The Bangko...
The Bangko Sentral ng Pilipinas (BSP) is expecting a bigger balance of payments (BOP) surplus of $7.1 billion in 2021 compared to its previous projection (March) of $6.2 billion. The 2022 BOP surplus estimate is however revised lower to $2.7 billion versus previous forecast of $3.8 billion. The...
The central bank said the country’s balance of payments (BOP) deficit is down to $231 million in the first four months on account of the $2.614 billion surplus recorded for the month of April. The BOP deficit improved from $2.844 billion at the end of the first quarter or as of...
The central bank said Thursday, (April 29) that the Philippines continued to incur a balance of payments (BOP) deficit of $2.844 billion at the end of the first quarter. For the month of March only, the shortfall dropped to $73 million compared to $2.019 billion in February and $752 million deficit...
The Bangko Sentral ng Pilipinas (BSP) has updated its latest balance of payments (BOP) projection higher to a $6.2 billion surplus this year versus its previous $3.3 billion estimate announced last December. The country’s gross international reserves (GIR) is expected to climb by as much as...
The Philippines’ balance of payments (BOP) surplus surged to an all-time high of $16.02 billion in 2020 on the back of higher reserves due to more net foreign borrowings by the National Government (NG) last year, and weak import demand because of the COVID-19 pandemic which constrained economic...
The Philippines’ balance of payments (BOP) surplus rose to $11.786 billion as of end-November, the Bangko Sentral ng Pilipinas (BSP) announced Monday. The BSP also reported the final gross international reserves (GIR) of $104.82 billion as of end-November. Photographer: Paul Yeung/Bloomberg file...
The Philippines has a balance of payments (BOP) surplus of $10.31 billion for the first 10 months, after a big $3.44 billion surplus in October, the Bangko Sentral ng Pilipinas (BSP) reported Thursday. The end-October BOP surplus was higher compared to same time last year of $5.73 billion. It was...
The Philippines posted a balance of payments (BOP) surplus of $6.878 billion as of end September, higher than same time last year of $5.567 billion, the Bangko Sentral ng Pilipinas (BSP) said on Monday. For the month of September only, the BOP surplus increased to $2.104 billion compared to the...
The Bangko Sentral ng Pilipinas (BSP) reported the country’s balance of payments (BOP) surplus of $4.774 billion for the January to August period, lower than same time last year of $5.529 billion. For the month of August only, BOP was in excess of $657 million from $8 million in July. It is also...
