Philippines' foreign portfolio investments yield net outflows of US$4.2bil in 2020

MANILA, Jan 30 (Xinhua):The Philippine central bank has said that more foreign capital left the country in 2020 due to the uncertainties brought about by the Covid-19 pandemic, local media have reported.

The Bangko Sentral ng Pilipinas (BSP) said that foreign portfolio investments (FPIs) for 2020 yielded net outflows of US$4.2 billions.

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Philippines , Central Bank , Foreign Capital , More Outflow , 2020 , Covid-19 , Effects

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