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2024

Philippines' foreign investments yield net outflows in June

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MANILA, July 31 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 27 million U.S. dollars in June, the country's central bank said Wednesday.

The Bangko Sentral ng Pilipinas (BSP) said the foreign investment transactions in June resulted from the gross outflows of 1.1 billion dollars and the gross inflows of 1 billion dollars for the month, a reversal from the 43 million dollars net inflow