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UAE remains key source as Philippine remittances climb to $3.24b in July

Dubai: Money sent home by Filipinos overseas continued to grow in July, with cash remittances to the Philippines rising 1.9 percent year-on-year to $3.24 billion, according to the latest data from the Bangko Sentral ng Pilipinas. The figure was up from $3.18 billion recorded in July last year, highlighting the continued resilience of remittance flows from overseas Filipino workers (OFWs). Get…

UAE remains key source as Philippine remittances climb to $3.24b in July

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