By Luisa Maria Jacinta C. Jocson, Reporter
CASH REMITTANCES from overseas Filipino workers (OFW) rose by an annual 3.2% in August, the Bangko Sentral ng Pilipinas (BSP) said.
Data from the central bank showed that cash remittances grew by 3.2% to $2.89 billion from $2.8 billion a year ago.
“The growth in cash remittances in August 2024 was due to the growth in receipts from land- and sea-based workers,” the BSP said in a statement.
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