MANILA — The Philippines’ overall balance of payments (BOP) position was a deficit of $2.3 billion in November, the central bank said on Thursday, wider than the $724 million deficit in the previous month.
The cumulative BOP level for January to November was a $2.1 billion surplus, lower than the $3.0 billion surplus recorded in the same period last year.
—Reporting by Neil Jerome Morales; Editing by John Mair