Thomson FinancialLast updated 02:08am (Mla time) 08/16/2007
MANILA, Philippines -- Foreign exchange remittances of overseas Filipino workers (OFWs) grew 18.1 percent to $7.0 billion in the first half of the year from $5.9 billion in the same period last year, central bank data showed Wednesday.
In June, OFW remittances edged up 0.9 percent to $1.11 billion from $1.10 billion a year earlier, but were down 9.8 percent from $1.2 billion in May.
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