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OFW remittances rise 2.6% in February, topping $3 billion
The Freeman
|April 16, 2025
Personal remittances from overseas Filipino workers (OFWs) climbed 2.6% year-over-year in February 2025, reaching $3.02 billion, according to the Bangko Sentral ng Pilipinas (BSP).
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This marks an increase from the $2.95 billion recorded in February 2024.
Cumulative remittances for January and February 2025 totaled $6.27 billion, up 2.7% from the same period last year.
This story is from the April 16, 2025 edition of The Freeman.
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