BSP: Overall BOP position posts $44-million deficit

THE country’s overall balance of payments (BOP) position in November posted a deficit of $44 million, lower than the $1.7-billion deficit recorded in the same month last year.

Notwithstanding the decline in the deficit in November, the BOP position for the January-November period posted a higher deficit of $1.8 billion compared to the $206 million BOP deficit recorded in the same period last year.

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