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Overseas Filipino remittances climb 2% to $3.37 billion in August
Diplomacy

Overseas Filipino remittances climb 2% to $3.37 billion in August

Personal remittances from overseas Filipinos rose 2% year-on-year to $3.37 billion in August, the Bangko Sentral ng Pilipinas (BSP) reported, sustaining growth despite global uncertainties. The figure, however, was down from July. These remittances are a crucial source of foreign currency, supporting household spending and domestic economic activity.

Original source: Philstar BusinessMore country news

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