More hot money entered Phl in Sept
The Philippine Star|November 01, 2024
More speculative funds entered the Philippines in September, marking the third straight month of net inflow, amid continued appetite among foreign investors, according to the Bangko Sentral ng Pilipinas (BSP).
- Keisha Ta-asan
More hot money entered Phl in Sept

Data released by the BSP showed the net inflow of foreign investments registered with the central bank through authorized agent banks amounted to $1.03 billion in September, reversing the $698.01 million net outflow recorded a year ago.

In September, gross inflows more than doubled to $2.53 billion from $887.61 million in the same month last year. On the other hand, gross outflows slipped by five percent to $1.51 billion from a year-ago level of $1.59 billion.

Foreign portfolio investments are also known as hot money or speculative funds as these flow regularly between financial markets as investors attempt to ensure they get the highest short-term interest rates possible.

この記事は The Philippine Star の November 01, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は The Philippine Star の November 01, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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