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March remittances drop 9.8% in March amid repatriation
Money sent home by overseas Filipino workers fell by 9.8 percent year-on-year in March amid the influx of Filipinos returning from the Middle East, the Bangko Sentral ng Pilipinas reported Tuesday. Total cash remittances coursed through banks dropped to the lowest level in 15 years in March to hit $2.4…
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