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2024

Philippines' foreign investments yield net inflows in May

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MANILA, June 28 (Xinhua) -- The Philippines' foreign investments yielded net inflows of 43 million U.S. dollars in May, the Philippine central bank said Friday.

The Bangko Sentral ng Pilipinas (BSP) said the foreign investment transactions in May resulted from the 1.1 billion dollars in gross inflows and 1 billion dollars in gross outflows for the month, a reversal from the 312 million dollars in net outflows in