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Economy 1 MIN READ

Philippines cash remittances up 3.8% in September

November 15, 2022

By Reuters

MANILA, Nov 15 (Reuters) – Cash remittances rose 3.8% to USD 2.84 billion in September from a year ago, the Philippine central bank said on Tuesday.

In January to September, cash remittances through banks increased 3.1% to USD 23.12 billion, driven by millions of Filipinos living and working overseas.

(Reporting by Neil Jerome Morales; Editing by Ed Davies)

This article originally appeared on reuters.com

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