Philippines Balance of Payments at $671 Million Deficit in August 2017
Manila | 19th September 2017
Philippines balance of payments (BOP) position in August 2017 posted a slight deficit of US$7 million, lower by US$671 million than the previous month’s shortfall of US$678 million.
” PHILIPPINES BALANCE OF PAYMENTS IN AUGUST 2017 AT $671 MILLION DEFICIT “
On a cumulative basis, the overall BOP position reached a deficit of US$1.391 billion for the first eight months of the year, a turnaround from the US$1.531 billion surplus recorded in the same period a year ago.
Source: Bangko Sentral ng Pilipinas
- Visit: Bangko Sentral ng Pilipinas
- About us: Bangko Sentral ng Pilipinas
Join the Rise of Asia. Share a Story, Article or Photo here. For Press Release, visit here.
About The Wealth Times The Wealth Times is the premier economic & financial media for Asia. Covering Asia’s most relevant developments in economy, business and finance. Asia is the world’s fastest growing economy with GDP exceeding $25 trillion and powered by 4.4 billion people. Where should you invest your capital for the next decade? Which are the fastest growing companies in Asia? Which is the most exciting sector to be in? Which are the top cities to be in? Which country has new economic policies? Who are the most influential leaders? Who are the top business leaders?
