Remittances up 2.8% to $3.10B in August

Oct 17, 2023 12:43 am

OVERSEAS Filipino worker (OFW) remittances rose by 2.8 percent to $3.10 billion in August from $3.02 billion a year earlier, the Bangko Sentral ng Pilipinas reported on Monday.

Money sent home via banks alone totaled $2.80 billion, 2.7 percent higher compared to the $2.72 billion recorded in August last year.

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