Personal remittances by overseas Filipino workers (OFWs) fell slightly to $2.274 billion in August from the previous month’s level despite a 7.16 percent increase from a year earlier, central bank data shows.

Remittances slipped 0.44 percent from July’s $2.284 billion, although the August level was higher than the $2.122 billion posted in the comparative year-earlier period, according to data released by the Bangko Sentral ng Pilipinas (BSP) on Wednesday.

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