Cumulative BOP level at end-February was at a $936 million deficit
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The Philippines' overall balance of payments (BOP) position hit a deficit of $196 million in February from a deficit of $895 million a year ago, the central bank said on Tuesday.
Cumulative BOP level at end-February was at a $936 million deficit. The Philippine central bank has a $700 million BOP surplus forecast for 2024.
(Reporting by Mikhail Flores; Editing by Kanupriya Kapoor)
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