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MONEY sent home by overseas Filipino workers (OFWs) fell by 1.4 percent in August from a year earlier, the Bangko Sentral ng Pilipinas reported on Monday. Personal remittances—comprising OFWs’ net compensation, personal transfers whether in the form of caRemittances down 1.4% in Aug – BSP
MONEY sent home by overseas Filipino workers (OFWs) fell by 1.4 percent in August from a year earlier, the Bangko Sentral ng Pilipinas reported on Monday. Personal remittances—comprising OFWs’ net compensation, personal transfers whether in the form of cash or in kind, and capital transfers between households—hit $2.76 billion during the month, down from $2.8 billion a year [...] The post Remittances down 1.4% in Aug – BSP appeared first on The Manila Times Online. Read more