OFW remittances up 4% to $3.15B in Sept

MONEY sent home by Filipinos working abroad hit a two-month high in September, the Bangko Sentral ng Pilipinas reported on Tuesday.

At $3.15 billion, personal remittances from overseas Filipino workers (OFWs), were up 4.0 percent and 4.6 percent, respectively, from the year-earlier $3.03 billion and August's $3.01 billion. The last time it was higher was in July at $3.24 billion.