Cash remittances up 2.5 percent at $2.85 billion in July: BSP

cash remittances up 2 5 percent at 2 85 billion in july bsp

Sumary of Cash remittances up 2.5 percent at $2.85 billion in July: BSP:

  • MANILA – Cash remittances coursed through banks from overseas Filipinos reached $2.853 billion in July, data from the Bangko Sentral ng Pilipinas released Wednesday showed.
  • Meanwhile, personal remittances from OFs rose 2.6 percent to $3.167 billion in July from $3.085 billion in the same month last year, which brought the January to July total to $19.783 billion, up 6 percent compared to $18.658 last year, data showed.

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