Remittances up 5.4% to $1.8B in July

MANILA, Philippines–Cash remittances from Filipnos overseas amounted to $1.8 billion in July, up year-on-year by 5.4 percent.

This was announced by Governor Amando Tetangco Jr. of the Bangko Sentral ng Pilipinas during the economic briefing of the Philippine economic officials at the Philippine International Convention Center on Monday.