Philippines cash remittances up 2.6% y/y in March

May 15, 2025 - 3:27 PM
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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)

— Cash remittances rose 2.6% from a year earlier to $2.81 billion in March, the Philippine central bank said on Thursday.

Cash remittances rose by 2.7% percent to $8.44 billion in January-March from S$8.22 billion in the same period a year earlier.

—Reporting by Mikhail Flores; Editing by John Mair