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Overseas remittances up 4.4% in Aug

PERSONAL remittances from overseas Filipinos (OFs) reached $3.02 billion in August this year, data from Bangko Sentral ng Pilipinas (BSP) showed on Monday.

According to BSP, the recorded remittance in August 2022 is higher by 4.4 percent than the $2.89 billion posted in the same month last year.