By Justine Irish D. Tabile, Senior Reporter
MONEY SENT HOME by overseas Filipino workers (OFWs) fell to its lowest level in nine months in February, the Bangko Sentral ng Pilipinas (BSP) reported.
Preliminary data from the BSP showed cash remittances coursed through banks rose by 2.6% to $2.79 billion from $2.72 billion logged in February 2025 but fell 7.7% from $3.02 billion in January.
However, this was the weakest level of remittances since the $2.66 billion in cash remittances in May 2025.
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