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August hot money posts $86-M net outflow on US Fed hawkish move

Business Mirror LogoBusiness Mirror1 mo ago

August hot money posts $86-M net outflow on US Fed hawkish move - Business Mirror

Quick Summary:

SHORT-TERM investments made by foreign investors were still in net outflow territory for the fourth consecutive month in August, the Bangko Sentral ng Pilipinas (BSP) reported on Thursday.

The post August hot money posts $86-M net outflow on US Fed hawkish move first appeared on BusinessMirror.

Hot money numbers for August were due to the $878-million gross outflows and $792-million gross inflows for the month.


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Article Details

Author / Journalist: Cai Ordinario

Category: EconomyStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-29 @ 16:16:00 (1 months ago)

News Timezone: GMT +8:00

Ranking: #1453 (out of 3381 stories this day)

News Source URL: businessmirror.com.ph

Language: English

Article Length: 738 words

Reading Time: 5 minutes read

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 623022

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About Business Mirror

Business Mirror Logo

Main Topics: EconomyStartups

Official Website: businessmirror.com.ph

Update Frequency: 75 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 8 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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  • URL: https://beamstart.com/news/august-hot-money-posts-86-16644698979343

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