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Philippine remittances up 3.8 pct in April

MANILA, June 15 (Xinhua) — Personal remittances from overseas Filipinos reached 2.671 billion U.S. dollars in April, 3.8 percent higher than the amount in the same month last year, the Philippine central bank said on Wednesday.

The Bangko Sentral ng Pilipinas (BSP) said April’s remittances expanded the cumulative personal remittances by 2.6 percent in the first four months of this year, to 11.317 billion U.S. d