MANILA -- The amount of money sent home by Filipinos working abroad hit a record high in 2024, data showed on Monday, boosting a key part of the nation's economy as more people headed overseas in the wake of the COVID pandemic and as the value of the peso depreciated.
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Figures from Bangko Sentral ng Pilipinas, the Philippines' central bank, show overseas workers sent home a record amount of money in 2024. © Reuters
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