dollar remittance

Dollar Remittances Reach $2.75B in January 2019

The Bangko Sentral ng Pilipinas (BSP) records a slight increase in the amount of dollar remittances from Filipinos abroad in January 2019, as compared to the same period last year. BSP Governor Benjamin Diokno said that personal remittances posted a...

OFW Remittances Hit Record-High at $2.8B

December 2018 saw a surge in the cash remittance from overseas Filipino workers (OFW). As such, the country hit a full-year growth outpacing Bangko Sentral ng Pilipinas’ (BSP) growth forecast, though 2018 had the slowest annual increase recorded. According to...