Personal remittances from overseas Filipino workers (OFW) breached the $2-billion mark in May 2013, the Bangko Sentral ng Pilipinas (BSP) announced on Monday.

OFW remittances rose to $2.1 billion, or a 6.2 percent year-on-year increment. It brought the cumulative remittances for the first five months of the year to $9.7 billion.

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