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Daily Archives: February 16, 2022

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us dollars

Cash remittances to PH hit new high of $31.4B in 2021

Insights, Investor, RecoveryBy Ben O. de VeraFebruary 16, 2022

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…

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