Philippines Posts $3.1 Billion Balance of Payments Deficit in September
The deficit widened from $596 million in August. The cumulative deficit for the first nine months of the year was $9.09 billion.
The Philippines recorded a $3.1 billion balance of payments deficit in September, wider than the $596 million shortfall in August, the central bank said on Monday. For the first nine months of the year, the cumulative balance of payments position showed a $9.09 billion deficit.