The gain resulted from the $1.1 billion gross inflows and $566 million gross outflows for the month.
The $1.1 billion registered investments in November 2022 posted a 63.6 percent or $410 million increase compared to the $645 million registered in October 2022.
The majority of investments or 55.1 percent registered were in PSE-listed securities mainly of banks, holding firms, property, food, beverage and tobacco, and telecommunications, while the remaining went to investments in peso government securities or 44.8 percent, and other instruments, less than one percent.
Investments for the month mostly came from the United Kingdom, United States, the Netherlands, Luxembourg and Singapore, with a combined share to total at 83.5 percent.
BSP said the $566 million gross outflows for the month were slightly larger by 0.8 percent or by $5 million than the $561 billion recorded in October 2022. The US received 71.7 percent of total outward remittances.
Year-on-year, registered investments in November 2022 went down by 17.9 percent or by $230 million from the $1.3 billion recorded in November 2021, while gross outflows were also lower by 51.8 percent than the outflows recorded for the same period last year.
The central bank said the $489 million net inflows in November 2022 were larger compared to the $110 million net inflows recorded in November 2021. (with PR)