2 months Trade war fears, weak PH economy early on drive $391M in ‘hot money’ away Trade war fears, weak PH economy early on drive $391M in ‘hot money’ away
Short term investments fled local financial markets in August resulting in more than $300 million leaving the Philippines in the first eight months of 2019, which the central bank attributed to fears of a US-China trade war and the lackluster performance of the Philippine economy in the first half of the year. According to data […] The post Trade war fears, weak PH economy early on drive $391M in ‘hot money’ away appeared first on Inquirer Business. ... more