Dollars remitted by expatriate Filipinos continue to rise
By: Daxim L. Lucas / PM April 16, 2018
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Dollars sent back home by expatriate Filipinos continued to rise in February on the back of larger remittance volumes from both land- and sea-based workers, the Bangko Sentral ng Pilipinas said on Monday.
The central bank data did not indicate if the higher remittances were due to rising number of overseas worker deployments or simply larger amounts being sent home by Filipinos.