Chamber of Real Estate & Builders' Associations, Inc.

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$531M in ‘hot money’ exited PH in Feb, most in 2 yrs

The flow of short-term foreign investments or “hot money” that are registered with the Bangko Sentral ng Pilipinas (BSP) reversed to a net outflow of $531 million in February after four straight months of net inflows. Data at the BSP show that there were net inflows of $292 million in January and $274 million in […]