MANILA -Bangko Sentral ng Pilipinas-registered short-term investments or 'hot money' reversed to net outflows of $531 million in February from net inflows of $292 million in January and $274 million in February last year. In February, $680 million of BSP-registered foreign investments flowed in while $1.2 billion flowed out. About two-thirds or 67 percent of gross outflows went to the United States. Meanwhile, four-fifths of gross inflows were put into Philippine Stock Exchange-listed shares while one-fifth was invested in government securities.

https://business.inquirer.net/393955/ph-posted-net-hot-money-outflows-of-531m-in-feb

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