Tag: balance of payments
Balance of payment posts bigger deficit of $895B in February
The country’s overall balance of payments (BOP) position posted a deficit of $895 million in February 2023, which is higher than the $157 million BOP deficit recorded...
PH foreign reserves seen as adequate despite slight decline
The country’s gross international reserves (GIR) remained strong amid the decline, and still a boost to the local currency and the country’s investment grade rating, according...
