Tag: #BOP
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$16 B BOP surplus; $110.12 B GIR in 2020
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 activities.
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BOP surplus climbs to $11.79B in November
The Philippines’ balance of payments (BOP) surplus rose to $11.786 billion as of end-November, the Bangko Sentral ng Pilipinas (BSP) announced Monday.
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BOP surplus at $10 B end-October
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.
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BOP surplus at $6.88B end September
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.
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BOP yields $4.77-B surplus in August
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.