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Economy

Business

DOLLAR WATCH

The US$ closed today, 02 August, at P58.08. Source: Bankers Association of the Philippines

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Banking

Foreign investments registered with the BSP yield net outflows in October 2023

Transactions on foreign investments registered with the BSP, through AABs, in October 2023 recorded net outflows of US$328 million resulting from the US$1.3 billion gross outflows and the gross inflows of US$954 million for the month. The recorded net outflows are smaller than the net outflows posted in September 2023 (US$698 million).

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