YOUR GATEWAY TO INDONESIA AND SOUTHEAST ASIA
Search
xxx hd
No image

Philippines posts 711 mln USD balance of payments surplus in October

MANILA, Nov. 18 (Xinhua) — The Philippines’ overall balance of payments (BOP) posted a surplus of 711 million U.S. dollars in October, albeit lower than the 1.1 billion dollars recorded a year earlier, the Philippine central bank said Friday.

The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in October reduced the cumulative BOP deficit in January-October 2022 to 7.1 billion dollars from a deficit of 7