By Luisa Maria Jacinta C. Jocson, Reporter
MONEY SENT HOME by overseas Filipino workers (OFWs) rose to a seven-month high in July, data from the Bangko Sentral ng Pilipinas (BSP) showed.
Cash remittances coursed through banks climbed by 3.1% to $3.085 billion from $2.992 billion a year ago, the central bank said on Monday.
This was the highest monthly level since the $3.28 billion recorded in December 2023.
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