BSP: School reopenings lifted remittances in August

Money sent home by Filipinos abroad grew by 3.2 percent year-on-year in August amid the seasonal surge in transfers during the reopening of classes in the country, the Bangko Sentral ng Pilipinas (BSP) reported on Tuesday. Cash remittances coursed through banks amounted to $2.89 billion in August, higher than the $2.8-billion flows recorded in the
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