Monday, December 19, 2011
ABSCBN NEWS: "Hot money" outflow jumps 55% in 11 mos The amount of foreign portfolio investments or hot or speculative money that was pulled out of the Philippines surged 55 percent in the first 11 months of the year as the sovereign debt crisis in Europe caused jitters and heavy sell-offs of investments, the Bangko Sentral ng Pilipinas (BSP) reported yesterday
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