PH overall BOP position records $639-M deficit, GIR level settles at $102.6-B as of end-April

  • 4 months ago
PH overall BOP position records $639-M deficit, GIR level settles at $102.6-B as of end-April

Transcript
00:00 The Banco Central ng Pilipinas or BSP reported the country posted a $639 million balance of payment deficit in April.
00:08 This is higher than the $148 million deficit recorded in April last year.
00:14 The BOP position reflects a decrease in the final Gross International Reserves or GIR level to $102.6 billion as of last month from $104.1 billion as of March.

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