BSP says Feb remittances up 2.4% y/y at $2.57 billion

MANILA— Cash remittances sent home by overseas Filipinos rose 2.4% to $2.57 billion in February from a year earlier, the Philippine central bank said on Monday.

Cash remittances sent through banks in January-February totaled $5.33 billion, up 3.0% from a year earlier, it said in a statement.

—Reporting by Enrico Dela CruzEditing by Ed Davies