By Luisa Maria Jacinta C. Jocson, Senior Reporter
MONEY SENT HOME by migrant Filipinos rose 2.6% in March from a year earlier, the Bangko Sentral ng Pilipinas (BSP) said on Thursday, though this was the slowest growth in nine months.
Cash remittances from overseas Filipino workers (OFW) coursed through banks hit $2.81 billion (P156.8 billion) from $2.74 billion a year ago.
Remittances from land-based workers increased 3.1% to $2.22 billion, while money sent home by sea-based workers inched up 1% to $595 million.
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