hot money

$961M ‘hot money’ exits PH in March

A six-year high of $961.05-million foreign portfolio investments left the Philippines in March, Bangko Sentral ng Pilipinas (BSP) data showed. March’s net outflows of “hot money” — so called because of how easily these go in and out of the economy — was a turnaround from February’s $40.06-million net inflows. The latest amount was the […]