August remittances rise 2.7%; 8-month total $21.58 billion &

August remittances rise 2.7%; 8-month total $21.58 billion • Cai U. Ordinario

CASH remittances sent from Filipinos abroad exceeded expectations as inflows from the country’s modern-day heroes grew 2.7 percent in August, according to data from the Bangko Sentral ng Pilipinas (BSP). The BSP said cash remittances sent through banks reached $2.8 billion, higher than the $2.72 billion in the same month the previous year. In the

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