Remittances up 8%, hit $2.76B in October

Dec 18, 2018 12:30 am

Money sent home by overseas Filipino workers (OFWs) in October rose from a year earlier and the previous month, the Bangko Sentral ng Pilipinas (BSP) reported on Monday.

Personal remittances, which sum up the net compensation of OFWs, personal transfers whether in cash or in kind and also capital transfers between households, totaled $2.757 billion.

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