Philippines posted wider BOP deficit in March amid oil price surge

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MANILA, Philippines – The Philippines recorded a wider balance of payments deficit in March as tensions in the Middle East weakened the peso and drove up the energy import bill for oil-dependent economies. READ: /ph-bop-deficit-widened-to-10-month-high-in-february The Philippines registered a BOP deficit of $2.6 billion in March 2026, according to data from the Bangko Sentral ng
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