Remittances From Abroad Totaled $6.56 Billion in 1st Quarter

Cash sent home by Filipinos abroad through banks inched up to $2.42 billion in March as deployment of overseas workers remained steady during the first quarter. The latest Bangko Sentral ng Pilipinas (BSP) datashowed a 1.5-percent increase in cash remittances last March from $2.39 billion a year ago, bringing the first quarter total to $6.56 billion, reports