BOP keeps surplus position in January - News Summed Up

BOP keeps surplus position in January


BOP keeps surplus position in January 48 SHARES Share it! Share TweetBy Lee ChipongianThe country’s balance of payments (BOP) remained in surplus position for the month of January at $2.70 billion, the Bangko Sentral ng Pilipinas (BSP) said. At the end of 2018, the overall BOP was in shortfall of $2.30 billion while the December BOP was in surplus of $2.44 billion. The 2018 full-year BOP deficit is however still higher compared to 2017’s $863 million deficit. The central bank has projected a BOP deficit this year of $3.5 billion.


Source: Manila Bulletin February 19, 2019 11:41 UTC



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