Philippines Balance of Payments at US$368 Million Deficit in October 2017
Manila | 20th November 2017
The country’s overall balance of payments (BOP) position in October 2017 posted a deficit of US$368 million, higher by US$185 million than the US$183 million deficit recorded in October 2016.
” PHILIPPINES BALANCE OF PAYMENTS IN Ocotber 2017 AT $368 MILLION Deficit “
This brought the cumulative BOP position for the first ten months of the year to a deficit of US$1.735 billion, a reversal from the US$1.465 billion surplus recorded in the same period last year.
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?
