Remittances start year 2.7% higher at $3.15B

OVERSEAS Filipino worker (OFW) remittances rose by 2.7 percent to $3.15 billion in January from $3.07 billion a year earlier, the Bangko Sentral ng Pilipinas (BSP) reported late on Friday. Money sent home via banks alone totaled $2.84 billion, also 2.7 percent higher compared to the $2.76 billion recorded in January last year. Register to […]

Remittances start year 2.7% higher at $3.15B

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OVERSEAS Filipino worker (OFW) remittances rose by 2.7 percent to $3.15 billion in January from $3.07 billion a year earlier, the Bangko Sentral ng Pilipinas (BSP) reported late on Friday.

Money sent home via banks alone totaled $2.84 billion, also 2.7 percent higher compared to the $2.76 billion recorded in January last year.

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