MANILA— Cash remittances sent home by overseas Filipinos in May rose 2.8% from a year earlier to $2.49 billion, the Philippine central bank said on Monday.
Cash remittances sent through banks in the January to May period were $12.98 billion, up by 3.1% from the year-ago level, it said in a statement.
—Reporting by Neil Jerome Morales; Editing by Martin Petty