Remittances Breach $2B Mark in April

Cash sent home by overseas Filipino workers rose in line with expectations in April this year, which became the earliest month in history that saw remittances exceed $2 billion, documents from the central bank showed. Growth in remittances fell off March’s high but still stayed at a healthy pace, keeping up with the Bangko Sentral ng Pilipinas’ (BSP) official forecast for 2015, reports