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OFW remittances hit 2-mo high

Money sent home by overseas Filipino workers (OFWs) hit a two-month high in September, according to data from the Bangko Sentral ng Pilipinas (BSP) released on Monday.

Personal remittances — cash or kind transfers between families — totaled $3.02 billion in September, 4.8-percent higher than the $2.88 billion recorded in the same month last year.