June OFW remittances highest in 6 months

By Anna Leah E. Gonzales

Aug 17, 2021 1:00 am

Money sent home by overseas Filipino workers (OFWs) increased by 7.3 percent in June, boosting the year-to-date total, data from the Bangko Sentral ng Pilipinas (BSP) showed.

In a statement on Monday, the BSP said personnal remittances from overseas Filipinos went up to $2.9 billion during the month, up from the $2.6 billion in May and the $2.7 billion recorded in June last year.

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