BusinessWorld E-paper
January 16, 2023
MONEY SENT HOME by overseas Filipino workers (OFWs) reached $2.719 billion in November — the lowest in six months — amid geopolitical tensions in the Middle East and a stronger peso against the dollar.
Cash remittances grew by 2.8% from $2.644 billion a year earlier, according to data released by the Bangko Sentral ng Pilipinas (BSP) on Monday.
