Philippines posts 2.61 bln USD balance of payments surplus in April
Philippines posts 2.61 bln USD balance of payments surplus in April Xinhua 27 May 2021, 19:55 GMT+10 MANILA, May 27 (Xinhua) -- The Philippines' overall balance of payments (BOP) recorded a surplus of 2.61 billion U.S. dollars in April, higher than the 1.67 billion U.S. dollars BOP surplus recorded in the same month last year, the Philippine central bank said. The Bangko Sentral ng Pilipinas (BSP) attributed the BOP surplus in April to inflows arising mainly from the national government's bond issuance deposited with the BSP. In a statement released on Wednesday, the BSP said the BOP surplu...
Source: southeastasiapost.com