OFW Remittances Reached $1.6B in November

Remittances from overseas Filipino workers (OFWs) coursed through banks surged by 10.5% year-on-year to reach $1.6 billion in November 2010, according to Bangko Sentral ng Pilipinas (BSP)¬†Governor Amando M. Tetangco Jr. This was the second highest double-digit monthly increment recorded during the year. The strong remittance flows from both sea-based and land-based workers since the […]
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