Remittances Drop 8.3% in Sept. Amid Saudi Repatriations

 After hitting a 5-month high in August, remittances coursed through banks by overseas Filipino workers (OFWs) fell again in September this year. Bangko Sentral ng Pilipinas (BSP) on Wednesday, November 15, showed that OFW cash remittances totaled $2.186 billion, a drop of 8.3% year-on-year from September 2016's $2.383 billion, reports Rappler.