Philippine remittances growth slows down in February

MANILA, Philippines – Money sent home through banks by overseas Filipinos increased by 4.5% last February, the slowest growth registered in 3 months, data from the Bangko Sentral ng Pilipinas (BSP) showed.

BSP Governor Nestor Espenilla Jr announced on Monday, April 16, that cash remittances, or remittances formally channeled through banks, …
Source: Politics