In a statement, the central bank said this marked a strong recovery from the previous month’s net outflows of $27.26 million, indicating renewed investor confidence in the country's bond and equity instruments.
Total gross inflows for July reached $2.43 billion, which was an increase of 133.3% from June's $1.04 billion.
Peso-denominated government securities were the primary beneficiaries, attracting 71.3% of the total investments, while 28.7% flowed into Philippine Stock Exchange-listed equities.
Key stock market sectors drawing investor interest included banking, holding firms, property, transportation services, and the food, beverage, and tobacco industries.
Notably, the surge in investment was driven mainly by portfolio funds from the United Kingdom, the United States, Singapore, Luxembourg, and Norway, which collectively accounted for 93.7% of the total inflows.
Gross outflows remained relatively steady at $1.05 billion, slightly down by 1.9% from the previous month.
