Cash remittances to PH hit new high of $31.4B in 2021
Filipinos living or working abroad never faltered in their commitment to send more money back home despite the prolonged COVID-19 pandemic, jacking up cash remittances to the Philippines to a fresh high of $31.4 billion in 2021. In a statement on Tuesday, the Bangko Sentral ng Pilipinas (BSP) said cash remittances coursed through banks rose…