Wednesday 8 April 2020
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businessmirror - 2 month ago

Remittances at record high in 2019, but virus seen curbing flows

THE economy continued to benefit from the cash sent by overseas Filipino workers (OFWs) back home, as it reached an all-time high last year, but experts are increasingly becoming concerned about the impact of the coronavirus disease 2019  (Covid-19) on remittances. The Bangko Sentral ng Pilipinas (BSP) on Monday reported that the overall cash remittances [ ]


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