MONEY sent home by overseas Filipino workers (OFWs) hit a nine-month low in February this year, data from the Bangko Sentral ng Pilipinas (BSP) showed on Tuesday.

At $3.02 billion, personal remittances for the month fell from $3.24 billion in January. It was slightly higher than the $2.95 billion recorded in the same month last year, but was also the lowest since May 2024's $2.88 billion.

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