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Remittances fall to six-month low

OVERSEAS Filipino worker (OFW) remittances fell in November from a month earlier but were higher compared to the previous year, Bangko Sentral ng Pilipinas (BSP) data showed on Monday.

At $3.0 billion, personal remittances were lower compared to October's $3.33 billion but picked up from the year-earlier $2.93 billion.