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Philippines Sept cash remittances up 2.6% y/y

Philippines Sept cash remittances up 2.6% y/y

Source: Reuters

MANILA, Nov 15 (Reuters) - Cash remittances rose 2.6% to $2.91 billion in September from a year ago, the Philippine central bank said on Wednesday.

Cash remittances sent through banks in the first nine months of the year reached $24.5 billion, up 2.8% from the same period last year, it said in a statement. (Reporting by Mikhail Flores)