Philippine c.bank says January remittances up 3.5% y/y

Kitco Media
By Reuters
Published:
Updated:
Reuters
MANILA, March 15 (Reuters) - Cash remittances sent home by overseas Filipinos rose 3.5% to $2.76 billion in January from a year earlier, the Philippine central bank said on Wednesday. The expansion in cash remittances in January was due to the growth in receipts from land- and sea-based workers, it said in a statement.
(Reporting by Enrico Dela Cruz Editing by Ed Davies)

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