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BoP position swings to $167M deficit in July

August 21, 2025

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The Freeman

The Philippines' balance of payments (BoP) swung to a $167 million deficit in July as the government paid off external debt, the central bank said on Tuesday.

Preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed the BoP position stood at a $167 million deficit in July, a reversal from the $226 million surplus recorded in June and the $62 million surplus in July 2024.

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