Philippines Balance of Payments at $289 Million Surplus in September 2017
Manila | 20th October 2017
The country’s overall balance of payments (BOP) position in September 2017 posted a surplus of US$24 million, a reversal from the previous month’s deficit of US$7 million.
” PHILIPPINES BALANCE OF PAYMENTS IN September 2017 AT $24 MILLION SURPLUS “
For the first three quarters of the year, the overall BOP position reached a cumulative deficit of US$1.367 billion. This was a slight improvement from the US$1.391 billion deficit recorded in January to August 2017.
Source: Bangko Sentral ng Pilipinas
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