Net hot money inflows hit $763M in January 2 SHARES Share it! The Bangko Sentral ng Pilipinas (BSP) said the higher net “hot money” inflows was due to continued investor optimism. About $506 million of hot money net inflows were invested in PSE-listed securities while $256 million and less than $1 million were placed in peso government securities and peso time deposits, respectively. Hot money flows are considered highly speculative funds. In 2018, hot money net inflows was at $1.2 billion, reversing the $195 million net ouflows in 2017.

Source: Manila Bulletin February 15, 2019 07:26 UTC