Foreign portfolio investments in the Philippines posted a net outflow of $4 billion in the first half of the year, according to a report by Philstar Biz.
The reversal from net inflows to outflows reflects global uncertainty, elevated oil prices, and geopolitical risks that pushed investors toward safer dollar-denominated assets, the report said.
The net outflow signals weaker foreign appetite for Philippine stocks and bonds, a factor the Bangko Sentral ng Pilipinas closely monitors when managing the currency and the country's foreign reserves. Analysts said the trend could add pressure on the peso and influence the central bank's monetary policy stance in the coming months.