MANILA  -Personal remittances from overseas Filipino workers increased by 2.2 percent to reach $3.13 billion in June from $3.06 billion in the same month last year amid improving economic data in the United States, a major source of inflows. The growth of inbound remittances in June was much slower than the 4.4 percent recorded in the same month of 2022, as well as the 2.9 percent recorded a month earlier in May. The Bangko Sentral ng Pilipinas attributed the continued growth in June to increases in money transfers from both land-based and sea-based overseas Filipinos.

https://business.inquirer.net/416122/higher-dollar-remittances-reported-for-june

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