Cash remittances from Filipinos working overseas rose 4.0 percent year-on-year in April 2025, the Bangko Sentral ng Pilipinas (BSP) said Monday.
Data from the central bank showed cash remittances sent through banks reached $2.66 billion in April 2025, up from $2.56 billion in April 2024.
Cumulative cash remittances in the first four months of 2025 hit $11.11 billion, a 3-percent increase from $10.78 billion recorded a year earlier.
The BSP attributed the...
Cash remittances from Filipinos working overseas rose 4.0 percent year-on-year in April 2025, the Bangko Sentral ng Pilipinas (BSP) said Monday.
Data from the central bank showed cash remittances sent through banks reached $2.66 billion in April 2025, up from $2.56 billion in April 2024.
Cumulative cash remittances in the first four months of 2025 hit $11.11 billion, a 3-percent increase from $10.78 billion recorded a year earlier.
The BSP attributed the...
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