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OFW remittances hit $3.21B in June

PERSONAL remittances from overseas Filipino workers (OFWs) hit $3.21 billion in June, the Bangko Sentral ng Pilipinas (BSP) reported late Thursday, 2.5 percent higher compared to the year-earlier $3.13 billion.

The amount was also higher by 11.3 percent than the $2.88 billion posted a month earlier, preliminary central bank data showed.