OFW remittances up 2.4% in February

MANILA  -Cash remittances that overseas Filipinos workers abroad sent to the Philippines through banks increased by 2.4 percent to reach $2.57 billion in February from $2.51 billion in the same month last year. The Bangko Sentral ng Pilipinas observed increases in both inbound money transfers from land-based and sea-based OFWs. Funds were sent mainly from … Continue reading OFW remittances up 2.4% in February