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× ‘Hot money’ still leaving PH

More short-term investments left the country's financial markets in the first seven months of the year despite a small uptick in July as fund managers remained skittish on the back of lingering fears of a global trade war.


Data from the Bangko Sentral ng Pilipinas showed that the Philippine economy had so far seen a net outflow of $671.5 million since the start of 2019 to the first week of…

Read also: ‘Hot money’ still leaving PH despite improved July PHL posts hot money net inflows in July