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BusinessWorld E-paper

August 26, 2022

THE EXIT of short-term foreign investments slowed in July, as the Bangko Sentral ng Pilipinas (BSP) continued to tighten monetary policy.

Data released by the central bank showed transactions on foreign investments registered with the BSP through authorized agent banks (AABs) saw a net outflow of
$103.14 million in July, the smallest outflow in two months.

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