By Katherine K. Chan, Reporter
MONEY SENT HOME by overseas Filipino workers (OFW) fell to its lowest level in six months in November, the Bangko Sentral ng Pilipinas (BSP) reported.
Preliminary central bank data released on Thursday showed that cash remittances coursed through banks rose by 3.6% to $2.91 billion from $2.808 billion in the same month in 2024.
This was the lowest remittance level recorded in six months or since the $2.658 billion in May.
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