Transactions on foreign investments registered with the BSP, through AABs in August 2022 recorded net outflows of $86 million, lower compared to the $103 million net outflows recorded in July 2022. This resulted from the $878 million gross outflows and $792 million gross inflows for the month.
The $792 million registered investments in August 2022 reflected an increase of 16.3 percent compared to the $681 million in July 2022.
Majority of investments registered were in PSE-listed securities while the remaining went to investments in Peso government securities and other instruments.
Investments for the month mostly came from the United Kingdom; United States; Hong Kong; Malaysia; and Luxembourg with combined share to total at 82.6 percent.
The $878 million gross outflows for the month were larger by 12.0 percent than the $784 million recorded in July 2022.
The US received 72.5 percent of total outward remittances.
Year-on-year, registered investments in August 2022 decreased by 1.9 percent from the $807 million recorded in August 2021, while gross outflows were larger by 10.4 percent than the outflows recorded for the same period last year. The $86 million net outflows in August 2022 were a reversal from the $12 million net inflows recorded in August 2021.
Year-to-date transactions for foreign investments registered with the BSP, through AABs yielded net inflows of $539 million, a turnaround from the $434 million net outflows noted for the same period last year.
