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Philippines’ foreign portfolio investments yield net outflows in March

MANILA, April 28 (Xinhua) — Foreign portfolio investments for March in the Philippines yielded net outflows of 305 million U.S. dollars, the Philippine central bank said Thursday.

This is a reversal from net inflows of 274 million U.S. dollars recorded in February, the Bangko Sentral ng Pilipinas (BSP) said.

The BSP said the 1.3 billion U.S. dollars registered investments for March reflected an increase