Foreign investments yield net outflows of $27M in June; Domestic claims up 2.8% in Q1 2024
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00:00The Banco Central ng Pilipinas, or BSP, reported the country's foreign investments yielded
00:05net outflows of $27 million in June.
00:08The figure was a reversal of the $43 million net inflows recorded in May.
00:14This resulted from the $1.1 billion gross outflows and the gross inflows of $1 billion
00:21for the month.
00:22Meanwhile, domestic claims on the other financial corporations rose by 2.8 percent in first
00:27quarter of 2024.
00:29Pilipinas showed sector's domestic claims reached to $9.3 billion from over $9 million
00:37in the fourth quarter of last year.