MANILA — Cash remittances rose 3.6% to $2.58 billion in May from a year ago, the Philippine central bank said on Monday.
At end-May, cash remittances through banks increased 3% to $13.37 billion.
—Reporting by Mikhail Flores; Editing by Martin Petty
Customers receive money from families working abroad at a money remittance center in Makati City, Metro Manila, Philippines, September 19, 2018. (Reuters/Eloisa Lopez/File Photo)
MANILA — Cash remittances rose 3.6% to $2.58 billion in May from a year ago, the Philippine central bank said on Monday.
At end-May, cash remittances through banks increased 3% to $13.37 billion.
—Reporting by Mikhail Flores; Editing by Martin Petty