MANILA: Cash remittances posted their lowest haul in nine months in February as inflows normalised following the usual surge in fund transfers during the last holiday season.
Money coursed through banks and were sent home by Filipinos overseas grew by 2.7% year-on-year in the second month of the year to US$2.72bil, latest data from the Bangko Sentral ng Pilipinas (BSP) showed.
